Internal and External Growth Strategy
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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
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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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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. ...
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