Asked by

Tamyia Jordan
on Nov 06, 2024

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In the context of the adaptation model, which of the following strategies works best when the business environment is dynamic and growing and has considerable uncertainty and risk?

A) A defender strategy
B) The prospector strategy
C) The analyzer strategy
D) A retrenchment strategy

Prospector Strategy

A business approach focusing on innovation and exploration, seeking to discover new opportunities and markets.

Dynamic Environment

A situation or setting that is characterized by constant change, challenges, and opportunities, requiring organizations or individuals to adapt rapidly.

  • Recognize tactics employed by enterprises to adapt to varying market and competitive landscapes.
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DC
Desiray CopelandNov 10, 2024
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