Multiple Choice
Which of the following best describes the prospector strategy in Miles and Snow's typology?
A) It attempts to maintain a stable business environment by finding a middle ground between stability and innovation.
B) It most closely resembles Porter's low-cost leadership strategy.
C) It responds to environmental threats in an ad hoc fashion without revealing a clear strategy.
D) It seeks innovation or risk taking and is therefore best suited to the dynamic environment.
Correct Answer:
Verified
Correct Answer:
Verified
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