Share leaders,followers,and niche businesses can all pursue defensive strategies to protect their market share positions.

Question

Quizplus · Accepted Answer

All types of businesses can potentially face threats to their market share, and defensive strategies can be employed to protect against these threats. Examples of such strategies include improving customer loyalty, investing in research and development, improving product quality, offering price incentives, and creating barriers to entry for potential competitors.

Share Leaders,followers,and Niche Businesses Can All Pursue Defensive Strategies to Protect