A company which has previously found great success pioneering an extremely successful product that is presently trying to turn another "long-shot" into a likely success would be an example of which strategy to avoid?

Question

Quizplus · Accepted Answer

The company is trying to hit another home run, which means they are relying on a previous success to replicate it with a new product. This strategy can be risky because it puts too much emphasis on past success and may not take into account market changes or new competition. It is important to have a diverse range of strategies rather than solely focusing on hitting home runs.

A Company Which Has Previously Found Great Success Pioneering an Extremely