To which of the following firms is the term "repeatedly evolving strategy" MOST applicable?
A) a government agency that makes plans for a set period of time and implements them phase by phase through the tenure
B) a mobile company, established in a saturated market, that aims at quarterly release of new products
C) a new cosmetics manufacturer in a market that replicates the products of a competitor at a moderate quality and lower price
D) a nationalized bank that lends at a lower interest rate but a zero processing fee in a market crowded with privatized banks running at high cost
E) a firearms regulatory agency, set up by the government, that publishes industry standards for safety, reliability, and quality of arms and ammunition
Correct Answer:
Verified
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