Which of the Following Statements Regarding Competitive Threats Is Incorrect

question 6

Multiple Choice

Which of the following statements regarding competitive threats is incorrect?

• A)Matching a price cut will be an ineffective strategy if the competitor simply reestablished the differential by a further price reduction.
• B)A single response is rarely enough to stop price moves by competitors that are struggling to establish a market position.
• C)If a price response is required,the strategist should focus the firm's competitive retaliation on those actions that are most cost-effective for the firm.
• D)All of the above.

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Definitions:

Best Available Evidence

The most reliable and pertinent information and data available at the time to support a decision or conclusion.

Careful Thinking

The process of thinking in a judicious, meticulous manner, ensuring attention to detail and consideration of all aspects before forming a judgment or conclusion.

Tautologies

Statements that are true in all possible interpretations or scenarios, basically asserting the same thing in different words.

Truth

The quality or state of being in accord with fact or reality, free from falsehood or distortion.