Which of the following strategies are types of combination strategies ? (A) No change strategies (B)…
No-change, pause/proceed-with-caution and profit strategies are types of stability strategy, turnaround is a retrenchment strategy and concentration is an expansion…
Choose your answer
Which of the following strategies are types of combination strategies ?
(A) No change strategies
(B) Pause/Proceed with caution strategies
(C) Term around strategies
(D) Profit strategies
(E) Concentration strategies
Answer and explanation
Correct answer D
No-change, pause/proceed-with-caution and profit strategies are types of stability strategy, turnaround is a retrenchment strategy and concentration is an expansion strategy. A combination strategy is the simultaneous or sequential use of these grand strategies in different businesses or at different times, so none of the listed items is itself a type of combination strategy.
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UGC NET Management