When Should Management Pursue a Stability Strategy

question 46

Multiple Choice

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.

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Definitions:

Jews

An ethnoreligious group originating from the Israelites or Hebrews of the ancient Near East, adhering to Judaism.

Diamond Necklace Affair

A scandal in 18th-century France involving a fraudulent transaction of an expensive diamond necklace, which tarnished the reputation of Queen Marie Antoinette.

Cardinal

A senior ecclesiastical leader, appointed by the Pope, and typically in charge of overseeing a particular department of the Catholic Church's administration.

Queen Marie-Antoinette

The last Queen of France before the French Revolution, known for her extravagant lifestyle and executed by guillotine in 1793.