In the Context of Adaptive Strategies,which of the Following Is

question 26

Multiple Choice

In the context of adaptive strategies,which of the following is true of defenders? 

• A) ​They aggressively hold their current strategic position by doing the best job they can to hold on to customers in a particular market segment. 
• B) ​They use an adaptive strategy that seeks fast growth by searching for new market opportunities, encouraging risk taking. 
• C) ​They try to simultaneously minimize risk and maximize profits by following or imitating the proven successes of prospectors. 
• D) ​They do not follow a consistent strategy and tend to react to changes in their external environment after they occur.

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Definitions:

Fixed Manufacturing Overhead

Costs related to production that do not change with the level of output, such as rent, salaries of permanent staff, and depreciation of factory equipment.

Job-Order Costing System

An accounting system that assigns costs to specific production batches or jobs, used in environments where products are customized or not identical.

Manufacturing Departments

Divisions within a manufacturing organization, each focusing on a specific aspect of the production process.

Machine-Hours

A measure of production volume or activity based on the number of hours machines are operated.