Which growth option may be appropriate for organisations operating in mature industries?
A) withdrawal
B) consolidation
C) liquidation
D) adumbration

Question

Quizplus · Accepted Answer

Organisations operating in mature industries may find it appropriate to choose consolidation as a growth option. This involves seeking to increase market share, improve efficiency, and reduce competition by acquiring or merging with other companies in the same industry. It allows for economies of scale, cost savings, and the ability to diversify the product or service offering. This option may be more viable than withdrawal, liquidation, or adumbration, depending on the specific circumstances of the organisation.

Which Growth Option May Be Appropriate for Organisations Operating in Mature