Strategies focusing on market development, product development, innovation, or joint ventures make up the strategy of an organization.

Internal Growth strategy of an organization

Explanation:

Internal growth strategy -

It refers to the strategy , which help to elevate the business of the company , by using certain internal resources , is referred to as internal growth strategy .

The method is important and beneficial for the growth and development of the company .

The method includes , the process of hiring , decision making , production , marketing .

The decision about the joint venture or any innovate ideas , comes under the internal growth strategy  .

Hence , from the given scenario of the question ,

The correct answer is  Internal Growth strategy .