Instructions Upon completion of the Required Readings, write a thorough, well-planned narrative answer to each of the following discussion questions. Rely on your Required Readings and the Lecture and Research Update for specific information to answer each discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information. Your Discussion Question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your responses and document in a bibliography using APA style.
A company may choose stability over growth by continuing its current activities without any significant change in direction. Although sometimes considered a lack of strategy, stability strategies can be effective. Briefly explain under what circumstances stability strategies can be appropriate. Then list and describe three (3) primary stability strategies. (25 points) (A 1½-page response is required.)