Why Is It Inadvisable for a Follower to Attempt to Directly

question 75

Multiple Choice

Why is it inadvisable for a follower to attempt to directly position their product against the industry leader?

• A) Competing with market leaders can be costly and not often successful
• B) A follower's product already dominates in sales and in the minds of customers
• C) Followers find it difficult to select segmentation strategies
• D) A follower can never compete with the industry leader in terms of product quality

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Definitions:

Radios

Electronic devices designed to receive and amplify audio broadcasts from radio stations, allowing for the wireless transmission of music, news, and other types of content.

Manufacture

The process of producing goods through the use of machinery, tools, and labor, often on a large scale.

Productivity Growth

An increase in the efficiency of production, often measured by the ratio of output to inputs over a specific period.

U.S. Economy

The economic system of the United States, characterized by a mixed economy that includes private enterprise alongside limited government intervention.