Lucy Jewelry & Accessories offers high-quality,high-end products.The company is successful in its market segment and has no plans for substantial change in the near future.The company is pursuing which type of strategy?

Question

Quizplus · Accepted Answer

The company has no plans for substantial change in the near future, which indicates they are focused on maintaining their current market position and operations. This aligns with a stability strategy, where the primary goal is to maintain the status quo and avoid significant change.

Lucy Jewelry & Accessories Offers High-Quality,high-End Products