Which strategy is most appropriate for a company in an industry in which the future is expected to continue as an extension of the present?
A) horizontal integration strategy
B) no change strategy
C) retrenchment strategy
D) pause/proceed with caution strategy
E) profit strategy

Question

Quizplus · Accepted Answer

If the future of the industry is expected to continue as an extension of the present, then the most appropriate strategy for the company would be to continue with its current operations and not make any significant changes to its strategy or operations. This means that the company would need to focus on maintaining its competitive position and improving its operational efficiency to stay ahead of the competition. A retrenchment strategy or a pause/proceed with caution strategy may be appropriate if there are significant changes expected in the industry, but this does not seem to be the case. Horizontal integration strategy and profit strategy may also not be the best choice in this scenario as they usually involve expansion or diversification, which may not be necessary or appropriate if the industry is expected to remain stable.

Which Strategy Is Most Appropriate for a Company in an Industry