When "petroleum" companies such as Canadian-owned Nexen have sought to recast themselves as "energy" companies, increasing their research into the oil, coal, nuclear, hydroelectric, and chemical industries, these companies were employing a ________ strategy.
A) preemptive defense
B) counteroffensive defense
C) flank defense
D) contraction defense
E) mobile defense

Question

Quizplus · Accepted Answer

These companies were employing a mobile defense strategy by broadening their scope beyond just petroleum to include a wider range of energy sources. This approach allows them to adapt to changes in the market and protect their position by diversifying their interests.

When "Petroleum" Companies Such as Canadian-Owned Nexen Have Sought to Recast