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As a Market-Follower Strategy, an Imitator Duplicates the Leader's Product

question 154

True/False

As a market-follower strategy, an imitator duplicates the leader's product and packages and sells it on the black market or through disreputable dealers.


Definitions:

Resilience

The ability to recover from or adjust easily to misfortune or change, showcasing mental strength and perseverance.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Adjustment

The process of adapting or becoming better suited to a particular situation or set of conditions.

Pressure

Pressure is the sense of urgency or stress experienced by an individual in response to high demands, expectations, or external forces, often affecting performance and decision-making.

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