Hilliard Pharmaceuticals and Ahrens Vitamins, Inc., have high market commonality, both geographically and in the market segments in which they compete.Hilliard, the number two firm in the industry, has undertaken a major strategic attack upon Ahrens, the market leader.Which of the following statements is MOST likely to be true?
A) Ahrens will not respond aggressively since this is a strategic move and not a tactical action.
B) As the market leader, Ahrens has little to fear from an attack by Hilliard and will not expend organizational slack on a major response.
C) Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
D) Ahrens will respond after a long delay as the nutrition supplement industry is a slow-cycle industry.
Correct Answer:
Verified
Q42: Firms with _ market commonality and _
Q43: Which of the following is true of
Q44: In general, firms are more aware of
Q45: Walmart initially used a focused cost leadership
Q46: Which pair of firms has the LEAST
Q48: Firms with few competitive resources than the
Q49: _ and _ describe the situation in
Q50: A competitive action can be one of
Q51: Research suggests that a firm with greater
Q52: Intensified rivalry within an industry results in:
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents