News Topics

Please explain a Grand Strategy Alternative durin…

Please explain a Grand Strategy Alternative during recession.

Please explain a Grand Strategy Alternative during recession.

0
Chiranjibi Mar. 08, 2018

Stability strategy is advisable option for the organisations facing recession. During recession businesses faces a reduced demand for their products and that too at even lower prices.

Funds become scarce, expenditure on expansion is stopped, profits decline and businesses try to minimise the costs. They work hard to maintain the existing market share, so that company survives the recessionary period