Match each term with the correct statement below.
-designed to ensure continuity in the operations and performance of the organization, and implying that the organization will remain in the same lines of business as it has in the past
A) stability
B) growth
C) retrenchment

Question

Quizplus · Accepted Answer

Stability strategies are focused on maintaining the current status of the organization, ensuring its operations and performance continue smoothly without significant changes or shifts in direction. This approach implies the organization will keep operating within its existing lines of business, rather than seeking expansion or reduction.

Match Each Term with the Correct Statement Below