Prospector and to a lesser degree,analyzer businesses devote a relatively small proportion of resources to the development of new product-markets.

Question

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Prospector businesses focus significantly on innovation and the development of new product-markets, often allocating a substantial portion of their resources to these activities. Analyzer businesses, while more cautious, also invest in new product-market development, though to a lesser extent than prospectors.

Prospector and to a Lesser Degree,analyzer Businesses Devote a Relatively