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Introduction;
IN last 60 years , business competition has been increases in all filed ,shoes .clothes .all industry
Due to large amount of producer less market demand ,so many company develop strong business
A N A LY S I S
Lets set an example for business growth strategy ,Adidas and Pumpa both are famous companies start in
Germany and expanded all over the world but what is the secret what is mad them successful and keeps
Their names such long times ,sure they uses different business growth strategy lets talk about it
One by one
First of all
As we have read in the course scaling is one of the most important business strategy where
We find Adidas store Keep doing more what they are already doing such as providing their client
Best running shoes with most high tact , one more thing in we do analysis for how much market demand for
Shoes and how many competitor are in market we will see that business growth of scaling of the best
They have applied the second business growth strategy which growth through entry .
What is that mean , it expand your business throw opening new store in to many different location
Which is we find that uncertain of payoff is there . like what if we over stretch where market demand is very
less so we have to consider growth through entry one best way for company to growth
But its also should be according to the firm capacity , as logically result of invest in any field we will face many
NOW lest talk about how growth throw acquisition is one most used strategy
Even though is not best in term of payoff we still company use it as when what’s app
Bought by face book there are many example of company buy another but
Lest talk about Adidas buying Reebok ,Merge two company have uncertainty
But it can be payoff good if the team know how and when pay right amount of money for
The frim over pay is one of the reason that acquisitions is not best way of business growth
As we almost talk about all business growth strategies lets move to last of one ,but its most powerful
Strategies as we all knew human always looks for unknown things we all have the desire to discover
New things so that why growth throw innovation is one of the best strategy where we find
Many company have invited many product which is market demand is very less such as
Technology pushing too far where market demand is very less on the other hand many new
Inventor success to achieved their aim by select right team from different unit and put the work together
One of the save side for new firm to be second player and fast to adapt new invention there are many
example for second mover have been success and save hug amount of money in research .