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In the context of adaptive strategies, which of the following best describes prospectors? a . They seek moderate, steady growth by offering a limited range
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 welldefined 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.
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