Question

A small management-consulting firm experiences a tremendous boost in business in one year and must hire many new professional employees to provide services to its new customers. This business is likely following a ____ strategy. growth stability reduction multinational none of these

Answer 1

Answer: Growth

Explanation:

When a business starts, it usually has a certain number of people, which may increase if the business keeps growing. Having more employees can translate into higher profits in the business, and growth requires more help to keep it running. Needing more staff to work is one of the most common ways to know the growth and scope that a company is having.