Multiple Choice
A hit-and-run or guerrilla warfare type offensive strategies involve
A) random offensive attacks used by a market leader to steal customers away from unsuspecting smaller rivals.
B) undertaking surprise moves to secure an advantageous position in a fast-growing and profitable market segment;usually the guerrilla signals rivals that it will use deep price cuts to defend its newly won position.
C) work best if the guerrilla is the industry's low-cost leader.
D) pitting a small company's own competitive strengths head-on against the strengths of much larger rivals.
E) unexpected attacks (usually by a small competitor) to grab sales and market share from complacent or distracted rivals.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Experience indicates that strategic alliances<br>A)are generally successful.<br>B)work
Q17: What are the strategic advantages of being
Q17: Identify and briefly explain what is meant
Q19: The reasons firms enter into strategic alliances
Q20: Outsourcing the performance of value chain activities
Q23: Being first to initiate a strategic move
Q56: What is a blue-ocean strategy and what
Q60: Which of the following is not a
Q62: What are the strategic disadvantages of a
Q68: A company's menu of strategic choices to