JoeChoe and SanPants are two popular clothing companies. Whenever JoeChoe launches a new range of clothing, SanPants also launches something similar, and vice versa. This ensures that neither company gets a massive lead over the other in terms of market share. Which of the following strategies is being used by JoeChoe and SanPants in this scenario?
A) A response strategy
B) An amalgamation strategy
C) A recovery strategy
D) An acquisition strategy
Correct Answer:
Verified
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