Which strategy is most appropriate as a temporary strategy to enable a corporation to consolidate its resources after prolonged rapid growth in an industry now facing an uncertain future?
A) horizontal integration strategy
B) no change strategy
C) retrenchment strategy
D) pause/proceed with caution strategy
E) profit strategy

Question

Quizplus · Accepted Answer

The pause/proceed with caution strategy is most appropriate for a corporation looking to consolidate its resources after a period of rapid growth, especially in an industry with an uncertain future. This strategy allows the company to take a moment to assess its current position, make necessary adjustments, and proceed carefully, minimizing risks in a volatile environment.

Which Strategy Is Most Appropriate as a Temporary Strategy to Enable