Organizations that have basic strategic implementations involving extending their success through global expansions and finding new market opportunities are called _____.
A) defenders
B) prospectors
C) reactors
D) analyzers
E) coordinators

Question

Quizplus · Accepted Answer

Organizations that focus on expanding their success through global expansions and finding new market opportunities are known as prospectors. Defenders focus on retaining their current market share, reactors have no clear strategic plan and respond only when forced to, analyzers focus on maintaining their current business while also cautiously adopting new strategies, and coordinators focus on leveraging resources across different business units.

Organizations That Have Basic Strategic Implementations Involving Extending Their Success