Which type of strategy is particularly well-suited to environments which are unstable and rapidly changing due to new technology and/or shifting customer needs?
A)Prospector
B)Differentiated defender
C)Low-cost defender
D)Reactor

Question

Quizplus · Accepted Answer

A prospector strategy is particularly well-suited to unstable and rapidly changing environments as it emphasizes innovation and risk-taking to explore new market opportunities and stay ahead of competitors. This strategy focuses on continuous experimentation and flexibility to adapt quickly to changing customer needs and new technologies.

Which Type of Strategy Is Particularly Well-Suited to Environments Which