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Internal and External Growth Strategy

Is focusing on stability really a strategy or is it just a term for no strategy?

What are the tradeoffs between an internal and an external growth strategy?

I need each question to consist on a tleast 50 words with reference.

Thank you
Gail

Solution Preview

By focusing on stability, this is a way of using strategy. For example, a global turnover occured when there was a high turnover rate of CEO's in their chosen organizations. Each company had to find a new one in order to keep the company running smoothly. If they did not have a strategy in place to keep the company run with few issues, then they would easily lose money, and eventually become bankrupt. ...

Solution Summary

This solution provided ways in which using a strategy makes all the difference in an organization, and the tradeoffs involved with both of them.

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