According to Miles and Snow,a Company That Operates in at Least

question 65

Multiple Choice

According to Miles and Snow,a company that operates in at least two different product-market areas in which one product is stable and the other one is variable,reflects which strategic orientation?

• A) initiators
• B) reactors
• C) analyzers
• D) prospectors
• E) defenders

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Definitions:

Future Cost

Predicted financial expenditure associated with an action or decision, considering potential increases in prices or changes in resource availability.

Labour

The human effort, whether physical or mental, that is applied to the production of goods and services.

Goal-Sharing Plans

A type of incentive plan where employees are rewarded if collective goals are achieved, promoting teamwork and collaboration.

Employee Participation

A workplace practice where employees are involved in decision-making processes, potentially improving satisfaction and productivity.