In the Context of Adaptive Strategies, Which of the Following

Multiple Choice

In the context of adaptive strategies, which of the following best describes prospectors?

A) They seek moderate, steady growth by offering a limited range of products and services to a well-defined set of customers.
B) They seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.
C) They try to simultaneously minimize risk and maximize profits by following or imitating the proven successes of firms.
D) They develop and follow a single strategy for extensive periods of time, irrespective of any changes taking place in the industry.