Question

Winston Corp. manufactures and sells toy cars. These toy cars are perfect imitational miniature versions of real cars. Inspired by the success of Winston Corp., Neil Danon, a plastic ware manufacturer in Orowella also started manufacturing toy cars. Which of the following adaptive strategies is used by Neil Danon?
A) Defenders adaptive strategy
B) Prospectors adaptive strategy
C) Analyzers adaptive strategy
D) Reactors adaptive strategy

Answer 1

The Adaptive strategies used by Neil Danon is D) Reactors adaptive strategy

Explanation:

The adaptive strategies that a firm employs refers to the changes on the fly on the strategy of production or marketing to take the company further that happen in noticing the market trends of the lieu of the product.

Here the corporation saw that their competitor was raking in profits by making a product they were not making so as a response they also came out with a line of the same type of product to capture their market in response.