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)Turnaround
B)Growth
C)Concentration
D)Stability

Question

Quizplus · Accepted Answer

Carol's Bakery is using the stability grand strategy by maintaining its current size and not expanding into the global market. The stability strategy involves protecting the current business and maintaining the status quo, with no significant changes in the scope of the business or its operations.

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