Generalists vs. Specialists (and the Specialist's Dilemma)

Flashcard
•
Science
•
9th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What are the characteristics of specialist species?
Back
Specialist species have good mechanisms for coping with known risks.
2.
FLASHCARD QUESTION
Front
What happens to specialists when the specific conditions change?
Back
Specialists are more likely to go extinct.
3.
FLASHCARD QUESTION
Front
Why do generalists usually survive for very long periods?
Back
Generalists deal with unanticipated risks better.
4.
FLASHCARD QUESTION
Front
Which type of investors focus only on narrow segments of the market or certain types of securities?
Back
Specialized investors.
5.
FLASHCARD QUESTION
Front
What is the advantage of specialized businesses?
Back
Specialized businesses have high returns.
6.
FLASHCARD QUESTION
Front
Define generalist species.
Back
Generalist species can thrive in a wide variety of conditions and adapt to changes in the environment.
7.
FLASHCARD QUESTION
Front
What is the Specialist's Dilemma?
Back
The Specialist's Dilemma refers to the challenge specialists face when environmental conditions change, leading to potential extinction.
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