The ____ Strategy Is the Most Conservative Approach in the Miles

question 155

Multiple Choice

The ____ strategy is the most conservative approach in the Miles and Snow classifications of business strategies.

• A) analyzer
• B) star
• C) prospector
• D) reactor
• E) defender

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Definitions:

Equipment Trade

The act of exchanging one piece of business equipment for another, often to upgrade or replace assets.

Depreciation Expense

The portion of the cost of a fixed asset deducted as an expense over its useful life, reflecting the asset's consumption or wear and tear.

Common Stock

Shares of ownership in a corporation, granting holders voting rights and a share in the company's profits through dividends.