A(n) ________ strategy is another name for identifying shifts in market segments that are causing gaps to develop, then rushing in to fill the gaps and developing them into strong segments.
A) frontal attack
B) flanking
C) encircling
D) counteroffensive
E) bypass

Question

Quizplus · Accepted Answer

This strategy is called a flanking strategy, where a company identifies gaps in the market and rushes in to fill them before competitors can. This can be a successful way to develop strong market segments and gain a competitive advantage. The other options, such as frontal attack, encircling, counteroffensive, or bypass, do not accurately describe this strategy.

A(n) ________ Strategy Is Another Name for Identifying Shifts in Market