Competitive Strategy Interview Question:

Most companies will compete with those competitors that resemble them the most, for example, Peugeot/Citroen competes against Renault rather than against Ferrari. There are several strategic benefits to the existence of competitors. What are these benefits?

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1. May assist in the legitimization of new technology
2. May share cost of market and product development
3. May help increase total demand from the market
4. May lead to the development of more product differentiation
5. All of the above

Answer: All of the above
Submitted by: Administrator

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Competitive Strategy Interview Question:

Most companies will compete with those competitors that resemble them the most, for example, Peugeot/Citroen competes against Renault rather than against Ferrari. There are several strategic benefits to the existence of competitors. What are these benefits?

Top Competitive Strategy Questions

Market challengers use a range of offensive strategies to attack the market leaders and other competitors. Which of the following is a market challenger strategy that uses a diversification approach, often into new technological and geographical areas and unrelated areas to overcome the opposition?

Defense strategies are utilized by market leaders against their attackers. When competitors attack the market leaders weaknesses, such as Japanese care manufacturers entering the USA market with smaller and cheaper cars, this is referred to as what type of defense strategy?

The first approach of any competitor analysis is to establish is what?

Which of the following strategies could a market leader implement to maintain its commanding leadership position?

Top Business and Economics Categories

Taxation Interview Questions.

Economics Interview Questions.

Accounts Receivable (AR) Interview Questions.

General Ledger Interview Questions.

Fixed Assets Interview Questions.

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