Identify One Popular Approach to Business Strategy Where a Business

question 13

Multiple Choice

Identify one popular approach to business strategy where a business seeks ways to become accustomed to its environment.

• A) Related diversification
• B) Retrenchment
• C) The identity model
• D) The adaptation model

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Definitions:

Moral Dimension

Refers to the ethical aspect of decisions and actions, considering what is right and wrong.

Aretaic

Relating to virtues or the ethical dimension of one's character, often in moral philosophy.

Ethics

The branch of knowledge that deals with moral principles, guiding behaviors, and decision-making in personal and professional contexts.

Greek Word

A term or phrase that originates from the Greek language.