Examlex
Which of the following is an example of a voluntary service?
Business Strategy
Deals with how the firm will compete in each market where it conducts business.
Retrenchment
The act of reducing costs or spending in response to economic difficulty, often involving layoffs or downsizing of an organization.
Prospector Strategy
A business approach focused on innovation, seeking out new markets and opportunities, characterized by flexibility and a readiness to adapt to changing environments.
Artistic Risks
The undertaking of new, unconventional, or controversial projects or ideas in the realm of art, challenging established norms and potentially leading to innovative breakthroughs.
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