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Internal growth strategies involve efforts taken within the firm itself, such as new product development, other product-related strategies, and international expansion.
Power Bases
The sources of power individuals or groups possess in social and organizational contexts, such as authority, knowledge, experience, and social networks.
Technical Skills
The specific knowledge and abilities required to perform tasks related to technology, engineering, mechanics, or other specialized fields.
Resources
A broad term encompassing any physical, financial, human, or informational assets that can be used to achieve specific goals or address needs.
Critical Thinking
The objective analysis and evaluation of an issue in order to form a judgment, involving logic, reasoning, and a questioning mindset.
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