Specialist strategy increase company chance of survival

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Reference no: EM132182925

1. Pick an organization like a restaurant or a department store and analyze how it might pursue (a) a market penetration strategy, (b) a product development strategy, and (c) a market development strategy.

2. What factors influence the number of organizations that are founded in a population? How can pursuing a specialist strategy increase a company’s chance of survival?

Answer both questions please. Answers should be between 200 and 300 words each.

Reference no: EM132182925

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