Question

A(n) ________ strategy focuses on new market and product development, innovation, and joint ventures. privatization external growth internal growth disinvestment

Answer 1

Internal growth.

Step-by-step explanation:

Internal growth strategy is one that uses internal resources to develop a company internally. It focuses on increasing efficiency, hiring the right people, new product development, and better marketing.

Internal growth is also known as organic or natural growth. Growth results in increased profit which is now reinvested in the business.