_____ Are Companies Using an Adaptive Strategy That Seeks to Minimize

question 79

Multiple Choice

_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.

• A) Defenders
• B) Analyzers
• C) Prospectors
• D) Reactors

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Definitions:

Deductive Logic

A method of reasoning from the general to the specific, where conclusions follow necessarily from premises if those premises are true.

Emotional Intelligence

The ability to understand and manage one's own emotions, as well as recognize and influence the emotions of others.

Evidence-Based Management

The practice of making managerial decisions based on the best available evidence from scientific research and organizational data.

Organizational Behavior

The study of how people interact within groups in a workplace setting and how this behavior affects the performance of an organization.