Examveda
Examveda

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.

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