We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Growth strategies - Essay Example

Comments (0) Cite this document
Summary
It is important for an organization to develop its business activities in order to achieve growth. Growth allows corporations to accomplish the goal of maximizing shareholder’s wealth. There are four major growth strategies companies can utilize. The four growth strategies are market penetration, product development, market development, and diversification…
Download paper
GRAB THE BEST PAPER
Growth strategies
Read TextPreview

Extract of sample
Growth strategies

The product development strategy involves developing existing products or introducing new lines of products in order to increase the firm’s revenues. The market development strategy involves creating new markets for the company such as penetrating new geographical regions (Gaebler, 2010). Multinational corporations often utilize market development strategies. A diversification strategy makes sense when good opportunities can be found outside the present business (Kotler, 2003). Tenet Healthcare Corporation is a healthcare delivery system founded in 2003. It is one of the nation’s largest healthcare providers with 49 acute care hospitals in 11 states, 64 outpatient centers, 3.88 million outpatient visits (Tenethealth, 2009). The firm generated in 2009 over $9 billion in revenues. The company current has a presence in 22% of the United States region. The company recently made a strategic move to achieve growth. The growth strategy the company utilized was the market development strategy. The company reached an agreement with Keystone Mercy Health Plan which covers Hahmemann University and St. Christopher Hospital for Children in Philadelphia (Tenethealth, 2011). I believe that the approach utilized by the company to achieve growth was the right decision. The firm was able to successfully penetrate the Philadelphia marketplace without investing resources. ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Growth strategies Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.net/other/17484-growth-strategies
(Growth Strategies Essay Example | Topics and Well Written Essays - 250 Words)
https://studentshare.net/other/17484-growth-strategies.
“Growth Strategies Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/other/17484-growth-strategies.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Marketing Strategies for Growth in Overseas Markets: Abercrombie & Fitch
According to the essay the development of a marketing strategy involves linking long-term strategic goals for productivity, profitability, and market positioning with actual behaviours that bring the business growth and better market presence. Marketing strategies involve segmenting the potential customer base.
12 Pages(3000 words)Essay
Marketing Strategies For Growth Overseas At Tesco
According to the paper marketing strategies are integral to maintaining a competitive edge as a product or particular brand must “measure up to a threshold of acceptable quality and be consistent with buyer behaviour, preferences and expectations”. The marketing strategy determines the strategic objectives of the business and also centres it as a market-oriented system designed to fulfil consumer needs.
8 Pages(2000 words)Essay
Finance and Growth Strategies
This research paper examines the main practical considerations which are likely to influence a firm’s capital structure. The report will cover the following: management attitude; asset structure; debt tax shield; profitability of the firm; projected growth rate of the firm; the size of the firm; inflation and general economic conditions; control and business risk.
11 Pages(2750 words)Assignment
Discuss how Market-Led Strategies can Help Business to Drive Growth and Sustain Competitive Advantage
Business managers are required to devise strategies focusing on the external marketing conditions that would in turn, help the company in achieving business growth in the region. Business managers can work in developing the attributes of the products or services through product development strategies or can focus on diversifying into other related business areas to help gain a larger market.
3 Pages(750 words)Essay
Finance and Growth Strategies
Linter is stated to have found that the existing dividend rate becomes a benchmark for the management and companies faced strong reluctance in reducing dividend from this benchmark. Therefore, if the company keeps doing well, it prefers to retain the dividend rate or hikes it to the extent possible.
11 Pages(2750 words)Essay
Finance and Growth Strategies Essay
Thus, the NPV can be mathematically represented as: During the first year, Fijisawa will incur 10,950,000 cash outlay in financing the investment. However, this is expected to be compensated by cash inflow of 4,500,000 for the next six years. In calculating the NPV, these figures are discounted by the respective present value factor using 9% as the required rate of return.
13 Pages(3250 words)Essay
Growth Strategies
e prime market, it also encourages teachers and parents to bring in the children since they are the primary decision makers for where the children are going to go on a visit. The museum not only partners with local organizations but also has connections with similar institutes
3 Pages(750 words)Essay
Finance and Growth Strategies -MBA-
inating component of putting these methods into practice will be to see how they would work in various perspectives -- like valuing a private firm, valuing an acquisition target or valuing a distressed enterprise. In theory, the value of a business organisation’s share can be
13 Pages(3250 words)Essay
Finance & Growth Strategies
ic, diversifiable, firm-specific or unique risk is associated with a particular organization and includes risks due to management, industry sector, vagaries of the market nationalisation of assets, inadequate public relations in addition to problems due to labour and research
12 Pages(3000 words)Essay
Explain why it is necessary for marketers to deploy different product growth strategies in relation to market development opportunities. Provide examples to support your answers
The requirements of effective marketing strategies in the international market can be differentiated from those set in marketing plans
8 Pages(2000 words)Essay
Let us find you another Essay on topic Growth strategies for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us