The management of Mugs, Inc. decided on growing slowly and in a controlled fashion. This is consistent with the grand strategy of
A) growth.
B) stability.
C) divestiture.
D) liquidation.
E) external growth.

Question

Quizplus · Accepted Answer

The grand strategy of stability involves maintaining the current business and not seeking growth or expansion too quickly. Mugs, Inc.'s decision to grow slowly and in a controlled fashion aligns with this strategy. They are not seeking rapid growth or expansion, which would be more aligned with the strategy of growth or external growth. Divestiture and liquidation are not applicable as the company is not looking to sell off or dissolve its operations.

The Management of Mugs, Inc