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Growth Strategies Are Concentration,related and Unrelated Integration,and Backward and Forward

question 114

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Growth strategies are concentration,related and unrelated integration,and backward and forward diversification.


Definitions:

Large-Scale

Pertaining to events, processes, or phenomena that involve extensive scope or size, often impacting broad areas or large numbers of people.

Social Structures

The complex framework of societal institutions (such as the economy, politics, and social norms) and the relationships between these entities that shape a society's organization.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming economies from agrarian to industrial.

Economic System

An economic system is the structured way a society allocates resources, distributes goods and services, and facilitates production and consumption patterns among its population.

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