Question: Please answer #4 with question 3 as a reference. 3. Identify at least two (2) strategies for growing your business. Include an explanation of how

Please answer #4 with question 3 as a reference.

3. Identify at least two (2) strategies for growing your business. Include an explanation of how each strategy may offer growth.

Expansion: To expand business across the political boundaries and find new customers will help to increase the volume of output. This will enhance overall development in terms of increase in profit and budget of the company.

Product/Service quality: To enhance the product/service quality as compared to the competitors in the potential market. This will help to gain the trust of consumers towards the product/service and will accordingly enhance the volume or output of a particular product/service.

4. Discuss specific resources required if the strategies provided in #3 are used to grow the business.

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