Sometimes It Makes Sense for a Company to Go on the Offensive

question 8

Multiple Choice

Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance.The best offensives tend to incorporate the following EXCEPT:

• A) focusing relentlessly on building a competitive advantage.
• B) applying resources where rivals are least able to defend themselves.
• C) using a strategic offense to allow the company to leverage its weaknesses to strengthen operating vulnerabilities.
• D) employing the elements of surprise as opposed to doing what rivals expect and are prepared for.
• E) displaying a strong bias for swift,decisive,and overwhelming actions to overpower rivals.

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Definitions:

Competitive Firm

A company operating in a market where there are many buyers and sellers, each with negligible impact on market prices and conditions.

Profit-maximizing

The process of adjusting production and operational variables to achieve the highest possible profit margins.

Vertical Distance

The measure of the difference in height between two points, often used in mathematics and geography.

Unit Price

The cost per unit of quantity of a product, allowing consumers to compare prices between different sized packages of the same item.