Which of the Following Ways Are Employed by Defending Companies

question 87

Multiple Choice

Which of the following ways are employed by defending companies to fend off a competitive attack?

• A) Remain steadfast to current product features and models to ensure resources are not diverted toward unproductive efforts.
• B) Exclude volume discounts or better financing terms from the strategic response in order to maintain current profitability levels.
• C) Gain product line exclusivity to force competitors to use other distributors.
• D) Trim the length of warranties to save money.
• E) Stay away from competitor's clients since their loyalty will not allow them to switch.

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Definitions:

Economic Force

An influence that affects the supply, demand, and distribution of a country's wealth and resources, often shaping economic policies and outcomes.

Political Force

An entity or movement having significant influence or power in shaping policies, opinions, or governance within a political system.

Open Door Policy

A US foreign policy principle aimed at promoting equal opportunities for international trade in China during the late 19th and early 20th centuries.

American Products

Goods produced within the United States, often highlighted for their quality, innovation, or cultural significance.