In an Effort to Take Advantage of a Market Opportunity

question 73

Multiple Choice

In an effort to take advantage of a market opportunity, Apple created the iPhone in open-source format so that anyone can develop and sell an iPhone application. What is this an example of?

• A) proactive change
• B) reactive change
• C) managing change
• D) transformational change

---

Definitions:

Longitudinal

A research design or study that follows subjects over a period of time, allowing for the observation of long-term effects or changes.

Participants

Individuals who take part in a research study or experiment.

Impulsive

Characterized by actions taken without forethought or consideration of the consequences; spontaneous behavior.

Conservative

A political and social ideology that emphasizes the value of traditional institutions and practices, resistance to rapid change, and cautiousness in political and social reform.