Financial ManagementMCQQuestion 6263 of 222
All Questions

14. Farm Fresh Ltd., a family-owned organic farming business has been operating successfully over the past 10 years. Currently the company is facing stiff competition from the large farming houses. Hence to maintain status quo, the management of the company decided to adopt stability strategy. Which of the following initiatives best support Farm Fresh Ltd.'s stability strategy?

Select Your Answer (Keyboard: A, B, C, D)
For any discrepancies in this question, email contact@cadada.in

Correct Answer

✅ Option A — Develop a new range of organic produce to attract a new segment of customers.

All Options:

  • ADevelop a new range of organic produce to attract a new segment of customers. ✓
  • BImprove functional efficiency of its farm equipment to increase productivity and reduce cost of production.
  • CPurchase a number of farms to increase production.
  • DAdd a few channels of distribution to attract customers in related market areas.

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

More Questions from Financial Management

Ready to Master Financial Management?

Practice all 222 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free