Question

Anadarko Petroleum Corporation may decide that the best long-term way to implement its strategic goal of providing financial returns to its shareholders could be to explore for oil in other parts of the world where it has not yet explored, such as Africa. This is an example of Miles’ and Snows’ _____ typology.

Answer 1

Prospector

Explanation:

Business success requires a strategy that is oriented with the company's values, Miles’ and Snows’ have stated four main types of strategies within businesses, in this case the prospector typology refers to a strategy based on innovation and development rather than exploiting previously developed products. In this case, Anadarko is looking to prospect oil field where no one has explored yet to provide better results to its shareholders