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Read these lines: "In U.S. business today, there is generally a direct relationship between risks and profit: the greater the risks, the greater the potential for profit (or loss). Companies that take too conservative a stance may lose out to more nimble competitors who react quickly to the changing business environment." As it is used in the quoted lines, "nimble" most nearly means:
Aquick to adjust to change
Bunwilling to take chances
Clarge and well established
Dcareless about the rules
Answer & Solution
Correct answer: A. quick to adjust to change
1. The quoted lines describe the nimble competitors as ones who react quickly to the changing business environment.
2. That phrase sits right next to the word and explains it, so nimble means quick to adjust.
3. Nimble is set against too conservative a stance, so unwilling to take chances is closer to the opposite of the word.
4. Size, reputation, and rule-following never come up in the quoted lines.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 1 "Understanding Economic Systems and Business", section 1.1 The Nature of Business_
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