When business drops or competitors step up, a status quo strategy will yield good results.

Name: When business drops or competitors step up, a status quo strategy will yield good results.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A status quo strategy involves maintaining current operations without changes, which may not be effective when business conditions worsen or competition increases, as it doesn't address new challenges or opportunities.

When Business Drops or Competitors Step Up, a Status Quo