Conditions conducive to a firm adopting a leadership strategy in a declining industry are:
A) A willingness by other firms to exit the industry.
B) Superior financial resources.
C) The presence of pockets of demand that are resilient and relatively price-insensitive.
D) BOTH A willingness by other firms to exit the industry AND The presence of pockets of demand that are resilient and relatively price-insensitive.
Correct Answer:
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