Which Strategy Is Descriptive of a Corporation in a Mature

question 9

Multiple Choice

Which strategy is descriptive of a corporation in a mature industry facing a drop in its attractiveness, opting to decrease short-term discretionary expenses to maintain profits at a certain level?

• A) pause strategy
• B) no change strategy
• C) retrenchment strategy
• D) growth strategy
• E) profit strategy

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Definitions:

Union Contracts

Agreements between employers and labor unions that outline wages, hours, benefits, and other employment terms and conditions.

Peer-review System

Peer-review System is a process used in academic and professional settings where work is evaluated by others in the same field to ensure quality and integrity.

Complaint Committee

A group established within an organization to handle and investigate complaints, particularly those related to workplace issues or discrimination.

Moral Judgment

The process of determining the moral correctness or wrongness of an action, often based on ethical principles and values.