The Stability Strategy Is Appropriate for All of the Following

Multiple Choice

The stability strategy is appropriate for all of the following circumstances EXCEPT

A) useful in the short-run but can be dangerous if followed too long.
B) most appropriate for reasonably successful corporations in a reasonably predictable environment.
C) when a firm is continuing its current activities without a significant change in direction.
D) appropriate when the industry is in decline.
E) popular with small business owners who have found a niche and are happy with their success.