Multiple Choice
Redo is a market follower in the wristwatch industry. After noticing a shortfall in the market leader's product, Redo improves its product to suit consumer needs and becomes a challenger for the market leader. This is an example of a(n) ________.
A) counterfeiter
B) cloner
C) imitator
D) adapter
E) innovator
Correct Answer:
Verified
Correct Answer:
Verified
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