Which of the Following Is Not One of the Reasons

question 89

Multiple Choice

Which of the following is not one of the reasons a company might launch new competitive actions?

• A) to obtain first mover advantages
• B) to improve market position
• C) to find new sources of raw materials
• D) to capitalize on growing demand

---

Definitions:

Manage Risk

The systematic process of identifying, analyzing, and responding to potential risks to minimize their impact on an organization.

Contingency Plan

A strategy designed to take into account future events or circumstances that could affect the operation of a business, ensuring preparedness for unexpected challenges.

Marketing Plans

Marketing plans are comprehensive documents outlining a business's strategy for promoting its products or services, including targets, tactics, and budget allocations for a specific period.

Target Segments

Specific groups of potential customers that a company aims to reach with its products and marketing strategies.