The mode associated with medium-sized firms in relatively stable environments is called the _____ mode.

Question

Quizplus · Accepted Answer

The adaptive mode is the most appropriate mode for medium-sized firms operating in relatively stable environments. This mode involves a focus on incremental improvements to existing products, processes, and markets. It allows these firms to remain competitive and responsive to changes in the environment while maintaining their core strengths and capabilities. The entrepreneurial mode is more appropriate for small and startup firms, while the planning and business modes are typically associated with larger and more complex organizations.

The Mode Associated with Medium-Sized Firms in Relatively Stable Environments