Abstract
To increase performance, manufacturing firms in Kenya formulate and implement growth strategies. However, past studies in Kenya have not examined the effect of growth strategies on the performance of food manufacturing firms. The objective of this study was to determine the effect of growth strategies on the performance of food manufacturing firms in Nairobi County, Kenya. A proportionate sample of 71 firms representing seven sub-sectors of food manufacturing firms in Nairobi County was used. Primary data was collected from 64 firms using structured questionnaire administered to the Managers of the firms. The results revealed positive effect of growth strategies on organizational performance. The paper concluded that firms implementing growth strategies achieve higher organizational performance. Keywords : Growth Strategies, Market Penetration, Market Development, Product Development, Diversification and Organizational Performance DOI : 10.7176/EJBM/11-15-06 Publication date :May 31 st 2019
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
