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Assessing Growth Opportunities Involves Planning New Businesses, Downsizing, or Terminating

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Assessing growth opportunities involves planning new businesses, downsizing, or terminating older businesses. The company's plans for existing businesses allow it to project total sales and profits. If there is a gap between future desired sales and projected sales, corporate management will have to develop or acquire new businesses to fill it. Identify and describe the three strategies that can be used to fill the strategic gap.

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The first option is to identify opportun...

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