Which of the following market follower strategies involves selling on the black market or through disreputable dealers?
A) innovator
B) cloner
C) counterfeiter
D) adapter
E) imitator

Question

Quizplus · Accepted Answer

Counterfeiting involves creating unauthorized copies of a product and selling them as genuine. This is an illegal and unethical practice often undertaken by market followers who lack the innovation or resources to create their own unique products. Selling on the black market or through disreputable dealers is a common way for counterfeiters to distribute their products. The other options, such as innovator, cloner, adapter, and imitator, all involve legal and legitimate ways of following a market leader.

Which of the Following Market Follower Strategies Involves Selling on the Black