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In-and-Out Burger, the well-known fast-food chain, has had to pursue multiple grand strategies during its lifetime. For instance, in the 1970s and 1980s, In-and-Out pursued
In-and-Out Burger, the well-known fast-food chain, has had to pursue multiple grand strategies during its lifetime. For instance, in the 1970s and 1980s, In-and-Out pursued a _________ strategy as it opened more restaurants across America, but during the COVID-19 pandemic, In-and-Out had to pivot to a __________ strategy, using its liquid assets to sustain itself without closing restaurants during a period of declining sales. a. Retrenchment; Stability b. Stability; Growth c. Growth; Stability d. Defensive; Retrenchment e. Defensive; Stability f. Growth; Retrenchment
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