Stability strategy essentially maintains the status quo.

Name: Stability strategy essentially maintains the status quo.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Stability strategy focuses on maintaining the current business operations, products, and markets, without significant changes or expansion. It is adopted when a company is satisfied with its current performance and does not want to take a risk in new ventures or markets. Therefore, it essentially maintains the status quo.

Stability Strategy Essentially Maintains the Status Quo