Question

What is the fastest business growth strategy?

(1 point)
Responses

franchising

franchising

acquisition

acquisition

strategic partnership

strategic partnership

online channels to market

Answer 1

The fastest business growth strategy among the options provided is typically **acquisition**. Acquiring another company can rapidly increase market share, customer base, and resources, allowing for quicker scale-up compared to other strategies like franchising, strategic partnerships, or developing online channels. However, the effectiveness of each strategy can depend on the specific industry and context.