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    Gigantic Corporation Follows a Strategy of Waiting for Rivals to Innovate
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Gigantic Corporation Follows a Strategy of Waiting for Rivals to Innovate

Question 24

Question 24

Multiple Choice

Gigantic Corporation follows a strategy of waiting for rivals to innovate, then quickly imitating any successful innovations. This behavior is known as


A) collusion.
B) an entrepreneurial strategy.
C) a fast-second strategy.
D) pricing the demand curve.

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