In January,Home Depot offered a 10% off coupon and Lowe's did not.In February,Lowe's offered a 10% off coupon and Home Depot did not.In March,Home Depot offered a 10% off coupon and Lowe's did not.It is likely that Home Depot and Lowe's are both playing the ________ strategy.

Question

Quizplus · Accepted Answer

The "tit-for-tat" strategy involves reciprocating the actions of another party. In this case, Home Depot and Lowe's are alternating their coupon offerings in response to each other's previous actions, which aligns with the tit-for-tat strategy.

In January,Home Depot Offered a 10% Off Coupon and Lowe's