Organizations following a(n) ________ strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability.
A) innovation
B) cost-cutting
C) imitation
D) organic
E) mechanistic

Question

Quizplus · Accepted Answer

Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, introducing new products or entering new markets only after innovators have proven their viability.

Organizations Following A(n) ________ Strategy Try to Both Minimize Risk