Which of the Following Strategies Is Designed to Guard an Organization

question 53

Multiple Choice

Which of the following strategies is designed to guard an organization against change?

• A)stability strategy
• B)growth strategy
• C)retrenchment strategy
• D)differentiation strategy

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Definitions:

Wage Discrimination

The practice of paying different wages to workers who perform similar tasks, based on non-performance-related factors such as race, gender, religion, or nationality.

Complaint

An expression of dissatisfaction or a formal accusation against a party, product, or service.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit, considering the cost and demand functions.

Human Capital

The grouped skillset, awareness, or subtle properties of individuals that can be utilized to create financial benefits for the individuals, the organizations they work for, or their local communities.