Stability-Based Strategy

Stability-Based Strategy

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses stability-based strategies as a type of organizational level strategy aimed at maintaining a stable environment for operations. It highlights the importance of continuing current operations when conditions are favorable, maximizing profits for flexibility, and employing cautionary measures to manage risks. These strategies help organizations achieve their mission and vision while being perceived positively by stakeholders.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of an organizational level strategy?

To develop new products

To manage day-to-day operations

To increase employee satisfaction

To influence the market and stakeholders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a stability strategy aim to achieve?

Complete market dominance

Frequent changes in business processes

Rapid expansion

Stable and dependable operations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can an organization maximize profits as part of a stability strategy?

By reducing product quality

By cutting costs and increasing profit margins

By expanding into new markets

By increasing employee salaries

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of the cautionary approach in stability strategies?

Increasing market share

Identifying and mitigating risks

Developing new technologies

Enhancing customer service

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a method to reduce dependency on third parties?

Increasing marketing efforts

Acquiring assets and resources

Hiring more employees

Outsourcing production

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