_____ 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:

E-commerce Website

A website that allows people to buy and sell goods and services over the internet.

B2B Model

Stands for Business-to-Business model, a type of transaction or business conducted between two companies, such as wholesaler and retailer, rather than between a company and individual consumer.

Emperor Penguin Colony

A group of emperor penguins that live together in a specific location, often characterized by their breeding and social behaviors.

School Project

An educational assignment given to students, designed to assess their understanding and skills in a particular subject or topic.