Question: Small Tech Inc. decided to develop new product features in order to respond to an innovative product that was unexpectedly introduced by their closest competitor.

Small Tech Inc. decided to develop new product features in order to respond to an innovative product that was unexpectedly introduced by their closest competitor. This is an example of a(n) strategy.
abandoned
emergent
planned initiative
proactive
 Small Tech Inc. decided to develop new product features in order

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!