Discuss the Two Ways a Market Challenger Can Best Attack

question 45

Essay

Discuss the two ways a market challenger can best attack the chosen competitor and achieve its strategic objectives.Explain when a challenger should use these attacks and provide examples of companies that have used these methods.

---

Definitions:

Manager's Knowledge

The information, expertise, and skills that a manager possesses, which enable effective decision-making and leadership within an organization.

Social Responsibility

Refers to the ethical framework and obligation of an organization or individual to act for the benefit of society at large.

Society

A group of individuals living together in a more or less ordered community, often sharing customs, laws, and social institutions.