Marketers Need to Anticipate Competitive Responses for Which of the Following

question 32

Multiple Choice

Marketers need to anticipate competitive responses for which of the following reasons?

• A)An existing competitor may reposition themselves to compete more effectively
• B)A competitor may be able to offer a higher service level and do so
• C)A stronger competitor may be targeting the same niche with a superior service concept
• D)None of the above
• E)All of the above

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Definitions:

Official Doctrine

A set of formal principles, policies, or beliefs officially adopted and promoted by an organization or government.

Computer Files

Computer files are digital documents, images, videos, or other data stored on a computer or digital storage medium.

Tangible Benefits

Are measurable and quantifiable advantages that an organization gains from undertaking a project or action, such as increased revenue or reduced costs.

Vision

A forward-looking statement or concept that outlines what an organization or individual aspires to achieve in the future.