The Best Example of a Tactical Action That a Company

question 89

Multiple Choice

The best example of a tactical action that a company might use in response to a competitive attack is to _____________.

• A) acquire the competitor
• B) target the markets of the rival
• C) expand into new geographical areas
• D) offer price discounts and rebates

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Definitions:

Sustain

To maintain or keep something going over time, especially under challenging circumstances.

Hedgehog Concept

A strategic approach that focuses on simplifying complexity to find the intersection between what you are passionate about, what drives your economic engine, and what you can be the best at.

Diversify

To diversify means to broaden or vary a range of products, investments, skills, etc., to reduce risk or increase the chance of success or improvement.

Knowledge Application

The process of applying acquired knowledge in real-world contexts to solve problems or achieve specific outcomes.