Strategies used by High organic growth Companies to Achieve Their Results

Strategies used by High organic growth Companies to Achieve Their Results

High organic growth companies achieve their results by leveraging various strategies. One strategy entails developing new business models for operations and creating new goods and services to offer to the market (He & Ortiz, 2021). Second, high organic growth companies reallocate funds from one business function to another, which has a higher potential of earning income. Third, a high organic growth business ensures continual optimization of commercial activities, including pricing goods and services, marketing them, and selling them in the market. Notably, the strategies positively impact a business, and the discussion that follows focuses on how they will influence the proposed business. We offer assignment help at an efficient level.

Two attributes of high organic growth companies can be applied to the proposed business (Excel Carwash Inc.). The two attributes entail the optimization of processes and greater efficiency in service delivery (Chawla & Chodak, 2021). Implementing these two attributes into the proposed business will have re-sounding impacts on its operations. The business will attain more revenues because greater efficiency will reduce the wastage of resources and ensure more gains are achieved in a short period. On the other hand, optimization of processes will ensure all opportunities seized to achieve more value.

According to Homburg et al. (2020), a business seeking to grow can leverage market penetration, market development, product development, and diversification. Notably, the proposed business will leverage market penetration to achieve growth. Using this approach, the business will seek to increase the sales of its services. The method will attract customers from competitor firms while maintaining existing services (Tien & Ngoc, 2019). The business will offer competitive prices and use effective advertising to achieve this. In conclusion, companies with high organic growth leverage reallocating funds, creating new goods and services, and optimizing business activities. Incorporating any of the three attributes into the proposed business will lead to growth.

References

Chawla, Y., & Chodak, G. (2021). Social media marketing for businesses: Organic promotions of web links on Facebook. Journal of Business Research, 135, 49-65.

He, J., & Ortiz, J. (2021). Sustainable business modeling: The need for innovative design thinking. Journal of Cleaner Production, 298, 126751.

Homburg, C., Theel, M., & Hohenberg, S. (2020). Marketing excellence: nature, measurement, and investor valuations. Journal of Marketing, 84(4), 1-22.

Tien, N. H., & Ngoc, N. M. (2019). Comparative Analysis of Advantages and Disadvantages of the Modes of Entrying the International Market. International journal of advanced research in engineering and management, 5(7), 29-36.

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Our text outlined many characteristics and attributes of high organic growth (HOG) companies. In our second assignment, you will explain how you can leverage this concept to build a growth system that is best for your business.

Strategies used by High organic growth Companies to Achieve Their Results

Instructions:

 Adding to your paper in Unit 1, consider the characteristics and attributes of HOG companies, along with a good growth system for your business. Then, answer the following two questions.

1. Class: Art and Science Chapter 2Book Link: Yuzu Reader: Methods for Effective Teaching
   1. What challenges might teachers face when trying to differentiate the curriculum and the techniques of delivering the content?
   2. If you had some seriously disengaged students in your class in your first year, what would you do to try to reach them?