Horizontal Expansion
Explain the term Horizontal Expansion?
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It is defined as the growth strategy. Of a firm tries to expand its business through the creation of other firms within their same line of business it is known as the horizontal expansion. The purpose of the horizontal expansion is to improve the market Shane. In order to decrease the cost of production through the large scale economic to take the benefit of the synergy and to encourage the products and the services more efficiently to the larger audience.
Please read attachment for detailed requirement. 1. Number of words: more than 150 2. Academic reference or citation is required in Harvard style
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Please read the attachment for details. Before starting, download the book as reference from this site: https://user.iter.org/filesharing/FileInfo.aspx?uid=6cb240f3-7600-4196-8ae7-d65f72faae0a Number of words needed: 700+
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