Since the deregulation of the airline industry,major airlines have entered into a spirited battle for market share by cutting prices and offering special deals.This is an example of which strategy to avoid?
A) follow the leader
B) hit another home run
C) arms race
D) do everything
E) losing hand

Question

Quizplus · Accepted Answer

The strategy being exemplified is an arms race, where companies engage in aggressive competition to gain market share. The other choices do not adequately describe this type of competition.

Since the Deregulation of the Airline Industry,major Airlines Have Entered