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Question: Business growth strategies: 'Using a specific firm example, explain why the firm may have selected to grow through a particular growth strategy (either vertical, horizontal or diversified). Compare these motives to those of one other different growth strategy.'
For example, in this patch you may select an example of a firm that has grown through a vertical growth strategy. You could then compare those motives to a horizontal growth strategy. It is noted that a simple categorisation is not always realistic - firms may have multiple/combined strategies, but select a main strategy for your main case example that can be used to illustrate points made.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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