Tactical steps companies using a leadership strategy might initiate can include using aggressive pricing, acquiring established competitors to consolidate the industry and making new investments in productive capacity. aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

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This statement correctly describes tactical steps that companies using a leadership strategy might initiate to grow in a declining industry. By acquiring established competitors and making strategic investments in productive capacity, companies can pick up market share from competitors who are leaving the industry or struggling to stay afloat. Aggressive pricing can also help to attract customers away from competitors and boost sales.

Tactical Steps Companies Using a Leadership Strategy Might Initiate Can