What is a disadvantage of using the follower strategy?
A) Value chains are unclear.
B) The market needs to be educated.
C) Innovation costs and risks are high.
D) The most attractive market position has been taken.

Question

Quizplus · Accepted Answer

The disadvantage of using the follower strategy is that the most attractive market position has already been taken, making it more difficult for a follower to gain market share and compete effectively. This is why D is the best choice. The other options are not specifically related to the follower strategy.

What Is a Disadvantage of Using the Follower Strategy