It offers a huge range of products, including many well known brands for just £1 (Poundland Limited, 2020). Poundland is a UK-based variety store chain founded in 1990. Likewise, they can open new sales centres both in the domestic and the foreign markets. For example, they can develop new product ranges and/or export existing products directly overseas. Organisations can implement organic strategies in a number of ways. How to implement organic growth strategies For some organisations, it is the only method of expansion. Many companies use this method, particularly at the beginning of their business. It involves expansion from within a business. Many writers call organic growth an internal development. It is a strategy which companies pursue by building on and developing their own capabilities. Organic growth is achieved through the development of internal resources (BPP, 2010). It is the primary method of growth for many organisations for a number of reasons. There are certainly many paths to business growth. By: M Rahman | Tags: Strategic Management
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