Which of the following is true of stability strategies?
A) Growth is not possible under a stability strategy.
B) They are used when a company wants or needs to reduce its operations.
C) Under this strategy, organizations can adopt concentration strategy, diversification, or vertical integration.
D) They will be successful in unchanging or very slowly changing environments.
E) Growth is quick and aggressive under this strategy.

Question

Quizplus · Accepted Answer

Stability strategies are typically employed in environments that are stable or change very slowly, allowing companies to maintain their current operations without significant changes. These strategies are not about reduction, quick growth, or adopting growth-oriented strategies like concentration, diversification, or vertical integration, but rather about maintaining current business operations as they are.

Which of the Following Is True of Stability Strategies