A Company That Follows No Consistent Strategy, but Instead Changes

question 24

Multiple Choice

A company that follows no consistent strategy, but instead changes depending on the environment, is a(n) :

• A)analyzer
• B)first-mover
• C)prospector
• D)reactor

---

Definitions:

Statistical Forecasting

The process of using statistical methods to predict future values based on past data and trends.

Causal Analysis

A method of identifying and evaluating the factors that cause a particular outcome or event.

Curvilinear Extrapolation

A forecasting technique that projects future data points by extending a curve that represents past data trends, accounting for changes in direction or rate.

Marketing Experiment

A research method where variables are manipulated in a controlled environment to test hypotheses about marketing strategies or consumer behavior.