Nature-Care Inc.,a Canadian-based cosmetics company,was under fierce competition from other cosmetics companies in Canada.The company came up with several strategies to increase profits,but they were still under severe losses.Finally,the company was sold to Trendy-Beauty Inc.,a leading cosmetics company with branches all over the world.Which of the following competitive strategies did Nature-Care adopt?

Question

Quizplus · Accepted Answer

The description of Nature-Care Inc. indicates that it tried several strategies to increase profits but eventually sold itself to a larger company, Trendy-Beauty Inc. This aligns with the "Dodger" strategy, where a company under intense competition opts to exit the market, sell out, or merge with another company to avoid direct competition.