Which of the following is not a strategic trap businesses can fall into during the shake-out period?
A)failure to anticipate transition from growth to maturity
B)no clear competitive advantage as growth slows
C)assumption that an early advantage will insulate the business from price or service competition
D)not sacrificing market share in favour of short-run profit

Question

Quizplus · Accepted Answer

During the shake-out period, businesses face the challenge of adapting to a slowing growth rate. The strategic traps include failing to anticipate the transition from growth to maturity (A), lacking a clear competitive advantage as growth slows (B), and assuming that an early advantage will protect against competition (C). However, sacrificing market share in favor of short-run profit (D) is not considered a trap; rather, it can be a strategic choice to maximize profitability when growth is no longer sustainable.

Which of the Following Is Not a Strategic Trap Businesses