US-owned automobile companies have recently (2011) bolstered their fuel efficient offerings in part due to __________________ (Chapter 5 Strategic Focus)
A) the high exit barriers in the industry.
B) knowing what had to be done and having the motivation to do it which came from the overlapping market commonality and resource similarity between global competitors.
C) low market commonality which prevented retaliation from competitors in key markets.
D) reduced rivalry in the segment of the industry producing fuel efficient cars.

Question

Quizplus · Accepted Answer

The overlapping market commonality and resource similarity between global competitors provided motivation for the US-owned automobile companies to bolster their fuel efficient offerings. This indicates a focus on strategic positioning and competitive advantage in response to market conditions. Exit barriers, low market commonality, and reduced rivalry are not mentioned as factors influencing the decision to improve fuel efficiency.

US-Owned Automobile Companies Have Recently (2011) Bolstered Their Fuel Efficient