In the Context of the Adaptation Model, Which of the Following

question 47

Multiple Choice

In the context of the adaptation model, which of the following is a strategic alternative that managers can select to match their organization's strategy with the basic conditions of their organization's environment?

• A) The defender strategy
• B) The focus strategy
• C) Retrenchment
• D) Unrelated diversification

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Definitions:

Venezuela

A country located in the northern coast of South America, known for its significant oil reserves but also for its political, social, and economic challenges.

Quantity Theory of Money

An economic theory that relates the quantity of money in an economy to the level of prices of goods and services.

Price Level

A calculated mean price for all current economic goods and services.

Inflation Rate

The percentage increase in the general price level of goods and services in an economy over a specified period.