Which one of the following directional strategies is most frequently used in corporations?
A) stability
B) consolidation
C) growth
D) retrenchment
E) expansion

Question

Quizplus · Accepted Answer

Growth is the most frequently used directional strategy in corporations as it involves expanding the business through various means such as increasing market share, introducing new products or services, entering new geographical markets, and strategic partnerships or alliances. This strategy is adopted to increase revenue, profits, and market power. Other strategies like stability, consolidation, retrenchment, and expansion are used relatively less frequently.

Which One of the Following Directional Strategies Is Most Frequently