Considering Scope,these Businesses Usually Operate in Broad and Rapidly Changing

question 15

Multiple Choice

Considering scope,these businesses usually operate in broad and rapidly changing domains where neither the technology nor customer segments are well established.

• A)prospector
• B)differentiated defender
• C)low-cost defender
• D)analyser

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Definitions:

Business Cycle-sensitive

Describing organizations or industries that exhibit fluctuations in performance or demand in response to changes in the economic cycle.

Good Business

A business approach that goes beyond profit-making to include ethical practices, social responsibility, and positive community impact.

Timing

The selection of the best moment to initiate or perform an action to achieve maximum effectiveness.

High-paying Job

A position that offers compensation significantly above the average compared to similar roles in the industry or region.