The Category of Business Most Likely to Devote the Largest

question 64

Multiple Choice

The category of business most likely to devote the largest proportion of resources to development of new product-markets is the _____ business.

• A)defender
• B)prospector
• C)differentiator
• D)reactor

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Definitions:

Compensatory Approach

A strategy used in decision-making that involves offsetting deficiencies in one area with strengths in another, often applied in personnel selection and performance evaluation.

Predictors

Variables or factors that are used to estimate or anticipate future trends, behaviors, or outcomes.

Performing Well

Relates to the achievement of high levels of productivity, efficiency, and quality in work or task execution.

Drug Testing

The process of analyzing biological samples to detect the presence of illegal drugs or prescribed medications within an individual's system, often used for employment or safety reasons.