Question

When an organization continues serving the same clients by offering the same product or​ service, maintaining market​ share, and sustaining the​ organization's current business​ operations, it is following a​ ________ strategy.

Answer 1

Answer:

Stability strategy.

Explanation:

Stability strategy:  It is one of the major corporate strategy, which focuses on reducing the risk of expansion, investment or innovation. This strategy generally adopted by small scale businesses and have conservative approach toward risk or if market condition is not favorable for the business. Therefore, they do not make a significant change in their operations, they continue serving the same clients by offering the same product or service, maintaining market share, and sustaining the organization's current business operations.