Carol's Bakery has decided to hold and maintain its present size and not expand into the global market.What type of Grand Strategy is Carol's Bakery using?
A)Growth
B)Concentration
C)Stability
D)Turnaround

Question

Quizplus · Accepted Answer

Carol's Bakery is using the stability grand strategy, which focuses on maintaining the current size and scope of the business. This means they do not want to expand into the global market and are content with maintaining their current level of operations.

Carol's Bakery Has Decided to Hold and Maintain Its Present