【正文】 an Simply reacts to environmental changes Makes strategic adjustments only when finally forced to do so Unable to respond quickly to environmental changes because resourcescapabilities are lacking or are not developed or exploited properly 169。169。 Prentice Hall, 2023 End Show 6 12 Traditional Approaches to Defining Competitive Strategy Table 62 Characteristics of Miles and Snow’s Adaptive (Competitive) Strategies Strategy Characteristics Prospector ? ? ? ? Defender ? ? ? ? ? Organization seeks innovation Demonstrated ability to survey dynamic environment and develop new productsservices to fit the changing environment Frequently and continually innovating, developing, and testing new productsservices Competitors are uncertain about prospector’s future strategic decisions and actions Searches for market stability Produces only a limited product line for a narrow segment of total potential market Seeks to protect (defend) its wellestablished business Does whatever is necessary to aggressively prevent petitors from entering their turf Can carve out and maintain niches within its industry that petitors find difficult to perate 169。 Prentice Hall, 2023 End Show 6 22 Chapter Six Questions 169。 Prentice Hall, 2023 End Show 6 9 The Role of Resources, Distinctive Capabilities, Core Competencies in Gaining Competitive Advantage Every anization has resources and work processes (systems to do whatever it39。 Prentice Hall, 2023 End Show 6 4 WHAT IS COMPETITIVE ADVANTAGE AND HOW DO WE GET IT? Competitive Advantage ? ? ? ? ? Key concept of strategic management Sets an anization apart What petitive strategies are designed to exploit Implies other petitors Can be eroded easily and quickly by petitors 169。 Prentice Hall, 2023 End Show 6 15 Traditi