The shakeout strategy of share-increasing is put in place by allocating resources to attract customers from weak companies exiting the market.

Question

Quizplus · Accepted Answer

The statement is true. The shakeout strategy involves increasing market share by attracting customers from weaker companies that are leaving the market. This is done by allocating resources towards marketing, advertising, and other initiatives to increase brand awareness and lure customers away from competitors.

The Shakeout Strategy of Share-Increasing Is Put in Place by Allocating