Which strategy type from Miles and Snow's typology best matches with a strong capability in research, a decentralized structure, and an emphasis on flexibility?
A) reactor
B) low-cost leadership
C) prospector
D) analyzer

Question

Quizplus · Accepted Answer

The prospector strategy is characterized by a strong capability in research, a decentralized structure, and an emphasis on flexibility. Prospectors are adaptable and innovative, seeking out new markets and opportunities for growth. They invest in research and development to stay ahead of the competition and are willing to take risks to pursue new opportunities.

Which Strategy Type from Miles and Snow's Typology Best Matches