A company which keeps up by imitating a leading company's strategy while ignoring its own strengths and weaknesses is an example of which strategy to avoid?
A) follow the leader
B) hit another home run
C) arms race
D) do everything
E) losing hand

Question

Quizplus · Accepted Answer

A company following a leader's strategy without considering its own unique strengths and weaknesses leads to imitation without innovation. This creates a constant state of catching up with the leader rather than staying ahead or differentiating.

A Company Which Keeps Up by Imitating a Leading Company's