Answer:
The correct answer is B. Growth strategies include Vertical integration, horizontal integration,concentration and diversification.
Explanation:
Vertical integration can be described as a growth strategy in which a company tries to take as much control as possible over its customers or previous suppliers.
Horizontal integration is a growth strategy in which usually one company merges with another to gain advantages in business.
Concentration is a growth strategy in which efforts are made to increase the shares in the market.
Diversification: Diversification is a growth strategy in which efforts are made to increase business by launching more products or services.
All these together, help to create growth in a company in different ways. Many companies adopt one or many of these strategies in order to increase revenue and profit.
