What are the different types of organic growth?

Organic growth refers to the expansion of a business through its own resources and activities, without the need for external investment. There are various types of organic growth strategies that businesses can employ, such as increasing market share through product development or innovation, entering new markets or segments, expanding distribution channels, and investing in marketing and sales efforts to attract new customers. These strategies all aim to drive revenue and profitability by leveraging the company's existing strengths and capabilities.

This mind map was published on 9 April 2024 and has been viewed 40 times.