Question: An example of a q , strategy, is when a firm is considering a large price cut on its leading product to gain market share
An example of a strategy, is when a firm is considering a large price cut on its leading product to gain market share and observes that they are in the same marketplace as their rivals and do not have any competitive advantages in their cost structure. If they cut prices, their competitors will likely do the same. The result is that everyone will make less money.
weakness
forbearance
hardball
coopetition
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