Growth strategies include a. diversification, concentration, integration, stabilization b. vertical integration, horizontal integration, concentration, diversification c. vertical integration, horizontal integration, lateral integration, horizontal concentration d. integration, renewal, horizontal diversification, vertical diversification

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.  

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