Question

Select any business of your choosing and describe the alternative growth options available to the firm...

Select any business of your choosing and describe the alternative growth options available to the firm in the global environment. Which would you recommend and why?

business: walmart, amazon or google

Homework Answers

Answer #1

I would like to choose Google.

Google is one of the first companies to start working on artificial intelligence and they have done some amazing work. The company can make use of this technology as an alternative growth option in the global environment, The company can enter the automotive industry and come up with the self-driving electric cars. Even though Tesla is already doing this, the self-driving feature is not a success and it shows that they have failed in creating a good AI system. Google can make use of this opportunity can create a self-driving car. The company has already started this project but they need to combine the technology with the electric charging to make futuristic and also attractive to the end users. The world is looking for safe driving options that are environmentally friendly. The entire world will move towards electric cars in the coming future. So there is a huge growth potential and the company can make use of this opportunity to grow and add another revenue source to the company.

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