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Growth/expansion strategy

Strategic Management

An enterprise on the move is more agreeable stereotype than a steady- state enterprise. What is the explanation of this sentence and what is the meaning of stereotype ? Please help me out to understand it.

Suresh Kara

CA Final

★ 1K+

14-Jul-20 18:22

433

Answers (1)

The statement means an enterprise that adopts change and keeps changing along with environment is always more prioritised than the one that remains unchanged and static Stereotype could mean - a belief of a articular thing in a particular way