Analyze how your company uses the grand strategies of concentration, market development, and product development as a part of its long-term strategy for growth.

Words: 171
Pages: 1
Subject: Uncategorized

Imagine that you have been hired by your managerto review its long-term online strategy. In your paper that you will give to the long-term planning team, cover the issues listed below.Describe your organization’s business model for the sharing economy. Analyze how your company uses the grand strategies of concentration, market development, and product development as a part of its long-term strategy for growth.In your paper, address the concentration, market development, and product development:Concentration:Increasing the current customers’ rate of useAttracting competitors’ customersMarket developmentOpening additional geographic markets Attracting other market segmentsProduct developmentDeveloping new product features.

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