Question: Keep - Your - Fingers - Crossed Inc. is a Russian manufacturer of aircraft landing gear with manufacturing plants in Moscow. The company supplies most

Keep-Your-Fingers-Crossed Inc. is a Russian manufacturer of aircraft landing gear with manufacturing plants in Moscow. The company supplies most of its products to small aerospace companies in Russia but also has clients in a number of developing countries. Jeff, the companys president, realized that he would have to make an important strategic decision if his firm is to survive. In the next 6 months a number of major competitors from Europe and the US were expected to set up manufacturing operations in Russia. Jeff decided to invest heavily in new technologies, develop new quality control systems, hire a global marketing manager and change the name of the firm. He was determined to compete head to head with these global competitors in foreign markets around the world but only in select niche segments. What strategic option is the firm pursuing?
Question 14 options:
Contender strategy
Dodger strategy
Combative strategy
Defender strategy

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!