Purchase market entry strategies allow an organization to use its financial resources to enter a market quickly, thereby initiating the adaptive strategy.

Question

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Purchase market entry strategies involve acquiring an existing company or product line in the target market, which allows the organization to enter the market quickly without having to build its own capabilities from scratch. This can be an effective way to initiate an adaptive strategy, as it allows the organization to gain a foothold in the market while also leveraging its financial resources.

Purchase Market Entry Strategies Allow an Organization to Use Its