Copying another firm's management practices is an example of which strategic response?
A)Vertical integration
B)Establishment of legitimacy
C)Strategic alliance
D)Merger
E)Acquisition

Question

Quizplus · Accepted Answer

Copying another firm's management practices can be seen as an effort to establish legitimacy by adopting proven strategies or practices that are recognized and respected within an industry or market. This approach can help a firm gain acceptance and credibility among stakeholders, including customers, partners, and investors.

Copying Another Firm's Management Practices Is an Example of Which