When an organization continues serving the same clients by offering the same product or service,maintaining market share,and sustaining the organization's current business operations,it is following a ________ strategy.
A)renewal
B)stability
C)retrenchment
D)turnaround

Question

Quizplus · Accepted Answer

A stability strategy is focused on maintaining current operations and market share, without significant changes to the product or service being offered or the client base being served. It is a conservative approach that prioritizes maintaining the status quo over pursuing growth or major changes.

When an Organization Continues Serving the Same Clients by Offering