When should management pursue a stability strategy?
A)organisational performance is slipping
B)the environment is changing
C)the organisation's performance is satisfactory and the environment is stable
D)the firm has valuable strengths
E)there are abundant environmental opportunities

Question

Quizplus · Accepted Answer

Pursuing a stability strategy is appropriate when an organization's performance is satisfactory and the environment is stable. This strategy allows the company to maintain its current business operations and avoid excessive risks or investments in new ventures. Therefore, if the organization's performance is good enough, and the environment is not facing many changes or threats, it can concentrate on stabilizing current operations, reinforcing its current strengths, and improving efficiency.

When Should Management Pursue a Stability Strategy