Question

Abby Covin owns a firm that manufacturers and sells high-end furniture and home accessories. She is currently trying to grow her firm by developing new products. Abby is pursuing a(n) ________ growth strategy.

Answer 1

Answer: an internal growth strategy

Step-by-step explanation:

Abby tries to grow her firm by developing new products.

When efforts are taken within the firm itself for the purpose of growing the business, it is known as Internal growth strategy.