Which term describes the situation where a smaller firm and potential entrant can use the incumbent's size to its own advantage?
A)Jujitsu economics
B)Karate economics
C)Boxing economics
D)Judo economics
E)David and Goliath economics

Question

Quizplus · Accepted Answer

Judo economics refers to the strategy where a smaller firm uses an incumbent's size and strength to its own advantage by directing the incumbent's resources against them. This strategy is similar to the martial art of judo, where a smaller opponent uses the larger opponent's strength against them. Therefore, option D) Judo economics is the best choice to describe this situation.

Which Term Describes the Situation Where a Smaller Firm and Potential