Question

Seventh Heaven, a mattress manufacturer and distributor, is a large profitable organization. It has decided to stay in its current business. The firm has a normal rate of attrition, and it takes steps to retain its existing employees. The company provides the employees with training programs and additional benefits, such as flexible work timings, to make sure they are satisfied with their jobs. In the given scenario, Seventh Heaven is using a _____.

Answer 1

Stability strategy

Step-by-step explanation:

Stability strategy -

It is the strategy by the company where a company completely stops the expenditure on the expansion ,

It is the situation , where the company avoids the introduction of the new products or do not venture into new markets .

hence , from the question information , the answer is Stability strategy .