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3 votes
Strategies focusing on market development, product development, innovation, or joint ventures make up the _____ strategy of an organization.

1 Answer

5 votes

Answer:

Internal Growth strategy of an organization

Step-by-step explanation:

Internal growth strategy -

It refers to the strategy , which help to elevate the business of the company , by using certain internal resources , is referred to as internal growth strategy .

The method is important and beneficial for the growth and development of the company .

The method includes , the process of hiring , decision making , production , marketing .

The decision about the joint venture or any innovate ideas , comes under the internal growth strategy .

Hence , from the given scenario of the question ,

The correct answer is Internal Growth strategy .

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