Which Strategy Should an Organization Use If It Competes in a No-Growth

question 129

Multiple Choice

Which strategy should an organization use if it competes in a no-growth or a slow-growth industry?

• A) Divestiture
• B) Related diversification
• C) Backward integration
• D) Unrelated diversification
• E) Retrenchment

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Definitions:

Scholar-Amateur

Describes an individual who engages in study or activities for pleasure rather than for professional or financial gain; typically possesses considerable knowledge in their area of interest.

Academic-Professional

Pertaining to or involving the standards, settings, or activities of professionals who are engaged in scholarly work or higher education.

Dong Qichang

A prominent Chinese painter, calligrapher, and art theorist from the late Ming Dynasty known for his landscape paintings and for advocating the literati painting style.

Yuan Administration

The administrative framework and ruling practices during the Yuan dynasty, a period when China was under Mongol rule from the 13th to the 14th century.