Organizational expansion refers to the process by which a company grows its operations, often by entering new markets, increasing its product offerings, or acquiring other businesses. This growth can help a company reach more customers, improve its competitive position, and increase revenue. There are various strategies for organizational expansion, including mergers and acquisitions, franchising, and joint ventures. Each approach has its own advantages and challenges, and companies must carefully assess their goals and resources before pursuing expansion to ensure long-term success.