A company that 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

This is an example of the "follow the leader" strategy, where a company blindly imitates the strategies of a leading company without considering their own strengths and weaknesses. This can be harmful as it can lead to the company neglecting its own unique capabilities and focusing on simply copying the competition.

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