Which of the Following Is Primarily Associated with a Flanker

question 34

Multiple Choice

Which of the following is primarily associated with a flanker strategy?

• A)Appeals to late adopters with same attributes and benefits offered to early adopters
• B)Most appropriate for a market which is relatively homogeneous
• C)Current and potential competitors always have relatively limited resources and competencies
• D)Covers a weakness in original offering so as to maintain original adopters and seeks to gain new adopters

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and rights, enforceable by law.

Performance

The execution or fulfillment of terms as specified in a contract, such as the completion of duties or the payment of a sum.

Incidental Beneficiary

A third party who benefits from a contract between two others but does not have contractual rights to enforce that benefit.

Intended Beneficiary

A person or group for whom a contract is specifically designed to benefit, even though they are not a direct party to the contract.