Which cell supports a turnaround-oriented strategy?
A) Cell 2
B) Cell 3
C) Cell 4
D) Cell 1

Question

Quizplus · Accepted Answer

Cell 3 supports a turnaround-oriented strategy as it has low market share and high industry growth rate, indicating that there is potential for growth in the market. A turnaround strategy focuses on improving the performance of a low-performing business by making changes to its operations, structure, or strategy. In this case, the company can work towards increasing its market share by investing in marketing and product development to capitalize on the potential growth in the industry.

Which Cell Supports a Turnaround-Oriented Strategy