Business Studies · Strategic Management
A firm adopts a strategy where it decides to continue its present product lines and markets without significant expansion but focuses on improving operational efficiency and maintaining current performance levels. This strategy is most appropriately classified as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Diversification strategy
- 2Horizontal integration strategy
- 3Stability strategy✓
- 4Retrenchment strategy
Correct answer
Stability strategy
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