Successful fast followers are characterized by their strategy of:
A)leapfrogging the pioneers' product technology.
B)introducing products with low cost and quality.
C)entering at a lower scale than pioneers.
D)maintaining extremely low promotional expenditure.

Question

Quizplus · Accepted Answer

Successful fast followers often adopt a strategy of leapfrogging the pioneers' product technology, which means they improve upon or innovate beyond the original product offerings. This allows them to capture market share by offering superior value or performance.

Successful Fast Followers Are Characterized by Their Strategy Of