The "Maintenance" strategy occurs when both the organization and the marketplace are in the mature stage of the life cycle.

Name: The "Maintenance" strategy occurs when both the organization and the marketplace are in the mature stage of the life cycle.
Brand: Quizplus
Rating: 5.0 (28 reviews)

Question

Quizplus · Accepted Answer

The "Maintenance" strategy is typically employed when both the organization and the marketplace have reached maturity, focusing on sustaining market position and optimizing operations.

The "Maintenance" Strategy Occurs When Both the Organization and the Marketplace