Which strategy should an organization use if it competes in a no- growth or a slow- growth industry?
A)Related diversification
B)Unrelated diversification
C)Backward integration
D)Divestiture
E)Retrenchment

Question

Quizplus · Accepted Answer

Related diversification allows an organization to leverage its existing capabilities and resources to enter new markets or product lines, which can be beneficial in a no-growth or slow-growth industry to find new opportunities for growth.

Which Strategy Should an Organization Use If It Competes in a No-