A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

Name: A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.
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Question

Quizplus · Accepted Answer

This is a valid leadership strategy known as a consolidation strategy, which involves acquiring or merging with weaker companies to expand market share and increase profitability in a declining industry.

A Leadership Strategy Aims at Growing in a Declining Industry