Question
Firm X does not really have a long-term vision in place. The firm's managers and employee do not really know where the firm is headed
Firm X does not really have a long-term vision in place. The firm's managers and employee do not really know where the firm is headed in the long-run or what they are supposed to do. As such, the firm responds in an unplanned and ad-hoc manner to any threats or opportunities in the environment. Most of the firm's actions are focused on meeting the immediate and short-term needs of the firm.
Based on our dicusssion of the Miles and Snow model, what type of a strategic approach would you say firm X has adopted?
Reactor | ||
Prospector | ||
Differentiator | ||
Analyzer |
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