Explain concept of organizational growth or how organizations expand
Organizations may expand through internal or external means. Explain with examples how it happens.
Ansoff matrix is used as a guide to explain organizational expansion. How is market penetration, product development, market development different from diversification?
Explain 10 motives for organizational growth what does it mean when an organization expands internally or how does it happen? For example when a hotel builds a travel agency it can be considered forward integration which to me is by internal growth because it has done so by itself but my explanation is shallow.
Can firms achieve diversification( related or unrelated through internal growth) which I see can happen but my explanation is shallow
Explanation about ansoff matrix with real life examples.