A Stability Strategy May Be Appropriate in Industries Where There

question 67

True/False

A stability strategy may be appropriate in industries where there is rapid and dramatic change,as well as industries facing slow- or no-growth opportunities.

---

Definitions:

Technical Personnel

denotes individuals who possess specialized skills, knowledge, and expertise in technological areas.

Sales Commission

A form of compensation awarded to sales employees based on the sales they generate.

Independent Salespeople

Individuals who sell a company's products or services without being employed by the company, often working on a commission basis.

Insurance Company

A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment, or hardship in exchange for premium payments.