All of the following are examples of strategic actions a firm might take except
A)partner with competitors to reduce competition.
B)expand into neglected markets.
C)tie up raw materials sources.
D)change product packaging.

Question

Quizplus · Accepted Answer

Strategic actions represent major commitments of distinctive and specific resources. Examples include launching a breakthrough innovation, building a new production facility, or merging with another company. Such actions require significant planning and resources and, once initiated, are difficult to reverse.

All of the Following Are Examples of Strategic Actions a Firm