Internal
& External Growth Strategy Trade-Off
An internal growth strategy is one
primarily designed to achieve growth in sales, assets, profits or a combination
of all. A corporation can grow internally by expanding its operations both
globally and domestically. An external growth strategy is one designed for the
same purposes as internal growth but involves also acquiring market share,
international recognition, and acquiring strengths to compete more effectively
and eliminate its competitors through mergers, acquisitions and strategic
alliances.
