Which of the following best describes a stable strategy in portfolio management?

A stable strategy in portfolio management is characterized by maintaining current levels of business without significant changes. This approach emphasizes consistency and reliability, focusing on sustaining the existing operations and market positions rather than pursuing aggressive shifts such as entering new markets or drastically changing product lines.

Choosing to maintain current levels often involves optimizing existing resources and managing the portfolio in a way that supports stable growth through efficiency, cost control, and customer retention. This is particularly relevant in environments where the market is predictable, and the primary goal is to safeguard profits and market share without the risks that accompany rapid changes or expansion.

The other options revolve around more dynamic approaches. For instance, innovating with new products reflects a proactive strategy aimed at growth and adaptation, which contrasts with the stability emphasized in the correct answer. Similarly, purely focusing on existing market share could imply a reactive posture that may not sufficiently engage with evolving consumer needs or competitive pressures. Lastly, exiting non-profitable markets suggests a strategic shift that entails significant change, which deviates from maintaining a stable, consistent operational posture.