A firm is said to be _____ when it attempts to match the benefits of a successful position while maintaining its existing position.
A) switching
B) straddling
C) dovetailing
D) streamlining
E) vertically integrating

Question

Quizplus · Accepted Answer

Straddling refers to the strategy of a firm attempting to occupy more than one position in the market by matching the benefits of a successful position while maintaining its existing position, often leading to inefficiencies and a lack of competitive advantage.

A Firm Is Said to Be _____ When It Attempts