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According to Mintzberg (1987), a successful business strategy should incorporate five components, called the 5 P's of business strategy. outline and explain these 5 P's

  1. According to Mintzberg (1987), a successful business strategy should incorporate five components, called the 5 P's of business strategy. outline and explain these 5 P's of business strategy.

2. explain ANY THREE alternative growth strategies that a business can utilize.

Market expansion:

Product diversification:

Mergers and acquisitions:

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