Asked by Austin Vaughn on May 09, 2024
Verified
Which of the following represents either a growth or a stability strategy?
A) merger
B) turnaround
C) bankruptcy
D) liquidation
Stability Strategy
A business strategy focused on maintaining the current state of operations and avoiding risk by seeking steady growth or consistent performance.
Merger
Two organizations combine resources and become one.
Turnaround
The process of implementing significant changes in a company to reverse poor performance and return to profitability.
- Recognize various strategic approaches including growth, stability, and restructuring strategies.
Verified Answer
NP
Nathan PryerMay 10, 2024
Final Answer :
A
Explanation :
Merger is a growth strategy as it involves the combination of two companies to increase revenue, expand market share, and achieve economies of scale.
Learning Objectives
- Recognize various strategic approaches including growth, stability, and restructuring strategies.
Related questions
What Type of Strategy Changes Incrementally Due to Environmental Changes
The Senior Leadership Team at Walmart Outlined the Company's Corporate ...
Managers in a Department Store Have Decided That the Shoe ...
Which of the Following Strategies Primarily Tries to Fix Specific ...
___ Involves Selling Off Parts of an Organization to Refocus ...