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.
What is the fastest business growth strategy?
(1 point)
Responses
franchising
franchising
acquisition
acquisition
strategic partnership
strategic partnership
online channels to market
1 answer
1 answer