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Increasing sales, customers, and market share by using the company's own resources and business processes is called

a. organic growth.
b. merger.
c. expansion of locations.
d. acquisition.

1 Answer

2 votes

Final answer:

Organic growth refers to increasing sales, customers, and market share using a company's own resources and processes. It allows a company to expand without relying on mergers or acquisitions.

Step-by-step explanation:

Increasing sales, customers, and market share by using the company's own resources and business processes is called organic growth. Organic growth refers to the expansion of a business through internal processes rather than through mergers or acquisitions. It can involve strategies such as improving marketing efforts, expanding product offerings, and increasing operational efficiency. This method allows a company to grow at its own pace and retain control over its operations.

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User Dewd
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