The Purposes of Defensive Strategies Include

question 20

Multiple Choice

The purposes of defensive strategies include

• A) discouraging deep price discounting on the part of ambitious rivals seeking to capture additional sales and market share.
• B) lowering the risk of being attacked by rivals,weakening the impact of any attack that occurs,and influencing challengers to aim their offensive efforts at other rivals.
• C) insulating a company from the impact of competitive pressures and industry driving forces.
• D) weakening competitors in ways that make them largely irrelevant.
• E) widening a company's competitive advantage over rivals.

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Definitions:

Prestige Economy

The creation of a surplus for the express purpose of displaying wealth and giving it away to raise one's status.

Leveling Mechanism

A cultural obligation compelling prosperous members of a community to give away goods, host public feasts, provide free service, or otherwise demonstrate generosity so that no one permanently accumulates significantly more wealth than anyone else.

Task Specialization

A process in which different individuals or groups within a community or organization focus on specific tasks or roles, contributing to efficiency and expertise development.

Postindustrial Societies

Societies characterized by an economy focused on services and technology rather than on industrial production.