Stability strategies are designed to increase the sales and profits of the organization through diversification of the product line.

Question

Quizplus · Accepted Answer

Stability strategies typically focus on maintaining the current status of the organization, aiming for steady growth or sustaining current levels of sales and profits rather than diversifying the product line. Diversification strategies, not stability strategies, are designed to increase sales and profits through diversification.

Stability Strategies Are Designed to Increase the Sales and Profits