Companies Often Choose a Stability Strategy When Their External Environment

question 26

True/False

Companies often choose a stability strategy when their external environment doesn't change much or after they have struggled with periods of explosive growth.

---

Definitions:

Simulate

To imitate or replicate the appearance, function, or conditions of (something) for study, training, or analysis.

Observational Learning

The method of learning that occurs through observing the behavior of others and the outcomes of those behaviors.

Classical Conditioning

An associative learning process where a neutral stimulus comes to elicit a response after being paired with a stimulus that naturally brings about that response.

Vicariously

Experiencing something through the actions or experiences of another person, rather than firsthand.