Define confrontation strategy and indicate why many companies may believe it is the only way to face competitors
Confrontation strategy means that a company, while attempting to differentiate its products or becoming a low-cost producer, meets the competition head-on-knowing that any competitive advantage will last only a short time. Confrontation may become the way of the future because of decreased product life cycles (companies are better at reverse engineering and continuous improvement than in the past).
You might also like to view...
What are two ways the airline industry can benefit from the implementation of CRM systems? Explain your answer
What will be an ideal response?
Edmond reported average total assets of $9,965 million and net sales of $10,430 million. Its total asset turnover equals .96.
Answer the following statement true (T) or false (F)
30.Which of the following is not a web 2.0 technology?
a. Voice mail c. wick b. blog d. social networking
Regulation Z is inapplicable to second mortgages on residential property
Indicate whether the statement is true or false