Executives in ________ firms give priority to developing and exploiting technological expertise, and decision makers have bold, intuitive visions of the future.
A) defender
B) prospector
C) analyzer
D) follower
E) reactor

Question

Quizplus · Accepted Answer

Prospector firms are known for being innovative and taking risks, with a strong focus on technological advancement and exploration of new markets. The language in the statement, such as "developing technological expertise" and "bold, intuitive visions of the future," aligns with the characteristics of a prospector firm. The other options – defender, analyzer, follower, and reactor – are less likely to prioritize technology and may be more focused on internal processes or following the lead of other companies.

Executives in ________ Firms Give Priority to Developing and Exploiting