A stability strategy is particularly appropriate when
A. the firm is facing rapid growth opportunities
B. the industry is in a state of rapid upheaval
C. an organization is not meeting its goals
D. an organizations performance is declining
Answer: Option B
Solution (By Examveda Team)
A stability strategy is particularly appropriate when the industry is in a state of rapid upheaval. A stability strategy refers to a strategy by a company where the company stops the expenditure on expansion, in other words it refers to situation where company do not venture into new markets or introduce new products.This Question Belongs to Management >> Strategic Management
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