Prospectors are
A) Companies that continually change the boundaries for their task environments by seeking new products and markets, diversifying and merging, or acquiring new enterprises.
B) Companies that aggressively monitor and protect the established boundaries of their competitive environment.
C) Financially sound in unstable industries.
D) Firms that sell one or more businesses to other firms with aggressive growth goals.
E) In the mature stage of the product life cycle.

Question

Quizplus · Accepted Answer

Some companies, called prospectors, are more likely than others to engage in strategic maneuvering. Aggressive companies continuously change the boundaries of their competitive environments by seeking new products and markets, diversifying, and merging or acquiring new enterprises.

Prospectors Are