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 during their tenure
B)A mobile company,established in a saturated market,that aims at a 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 with 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

Question

Quizplus · Accepted Answer

A repeatedly evolving strategy is most applicable to a company in a dynamic and competitive market. Mobile companies constantly need to release new products to stay ahead of the competition and cater to changing customer needs, making option B the best choice. The other options either involve fixed plans with little room for evolution (A, D, and E) or a replication strategy with a moderate quality and lower price (C).

To Which of the Following Firms Is the Term "Repeatedly