BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is define as the direction in which the firm is moving with respect to its current product-market scope.
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Growth factor
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Growth vector
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Growth gap
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Growth change
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Explanation:
Detailed explanation-1: -A firm’s ‘growth vector’ defines the direction in which the firm is moving with respect to its current product–market scope.
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