164k views
3 votes
_____ consists of the strategic actions that a company takes to return to a growth strategy.

a. Stability
b. Focus
c. Recovery
d. Differentiation
e. Portfolio

1 Answer

2 votes

Final answer:

The sentence in question relates to the strategic actions a company takes to regain growth momentum. The correct answer is c. Recovery.

Step-by-step explanation:

The sentence '_____ consists of the strategic actions that a company takes to return to a growth strategy' is asking about the term that describes the strategic decisions and efforts a business undertakes to reorient itself on the path of growth after a period of stagnation or decline. The correct option here is c. Recovery.

A recovery strategy is generally employed when a company has faced downturns or challenges that have affected its performance and growth prospects. The implementation of a recovery strategy may include various actions, such as restructuring operations, cost-cutting measures, exploring new markets, developing new products, or realigning the company's resources with its strategic objectives.

It is important to differentiate between recovery and other strategic focuses such as stability, focus, differentiation, and portfolio. Each of these strategies has a distinct aim and is used under different circumstances. For example, stability might be pursued when a company is looking to maintain its current position without necessarily growing, focus might involve concentrating on a particular market segment or product, differentiation deals with setting a company's offerings apart from the competition, and portfolio strategy involves managing a group of different business units or products to optimize performance and growth.

User Rohaq
by
8.4k points