Which of the Following Statements Is Most Likely True of Market

question 45

Multiple Choice

Which of the following statements is most likely true of market follower strategies?

• A) Market followers have the resources to expand the market by developing new users, new uses, and more usage of its products.
• B) Market followers must expand internationally first to ensure distribution effectiveness, cost savings, and quality control.
• C) Market followers should conduct indirect attacks on competitors' weaknesses to gain market share quickly and inexpensively.
• D) Market followers benefit from pursuing subsegments of target markets due to their limited resources.
• E) Market followers must keep manufacturing costs and prices low or product quality and services high.

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Definitions:

Refractory Period

The time after an action potential during which a neuron’s cell membrane is unprepared for the next action potential.

Action Potential

A brief electrical impulse that travels down a neuron, triggering the release of neurotransmitters.

Neurotransmitter Communication

The process by which neurotransmitters are released by a neuron, cross the synaptic gap, and bind to receptors on another neuron, facilitating the transmission of signals in the nervous system.

Glia

Non-neuronal cells in the nervous system that support, nourish, and protect neurons and are involved in maintaining homeostasis and the formation of myelin.