The Stability Strategy Is Appropriate for All of the Following

question 46

Multiple Choice

The stability strategy is appropriate for all of the following circumstances EXCEPT

• A) useful in the short-run but can be dangerous if followed too long.
• B) most appropriate for reasonably successful corporations in a reasonably predictable environment.
• C) when a firm is continuing its current activities without a significant change in direction.
• D) appropriate when the industry is in decline.
• E) popular with small business owners who have found a niche and are happy with their success.

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Definitions:

Word Vocabulary

The set of words known and used by a person in speech and writing.

Sensorimotor Period

A developmental stage in early childhood (typically from birth to 2 years) where infants learn about their environment through sensory experiences and motor actions.

Nonmatching-To-Sample Task

A behavioral test in cognitive science where the subject must select the object that is different from a sample object presented earlier.

Frontal Lobes

The part of the brain located at the front of each cerebral hemisphere, involved in complex behavioral functions, decision making, and voluntary movement.