Review the merits of corporate growth and the situations in which a stability strategy might be more appropriate. Some say that a firm that isn't growing isn't healthy? Do you agree? Why or why not?
Please refer to the attached file for the response.
CORPORATE GROWTH AND STABILITY
Merits of corporate growth
Corporate growth may be manifested in different forms such: increase in market share, increase in sales, increase in profitability, or increase in size as to number of employees or other resources.
Corporate growth may indicate increased effectiveness in its target markets, or increase in the company's ability to meet the needs of the target buyers. It may also mean an increase in the company's ability to attract investors.
The following are the possible merits of corporate growth:
1. Better company image. Growth may provide a positive image of the company in the community because of the capacity to generate employment and a ...
Strategic management for corporate growth are examined.