Question: When timing facility additions, a preemptive strategy refers to: Group of answer choices: - Allowing the market to mature and then adding capacity once it

When timing facility additions, a preemptive strategy refers to:

Group of answer choices:

- Allowing the market to "mature" and then adding capacity once it is determined there is a definite need

- Investing in advertising and using discounts to "sell the plant" and use the capacity that you have

- Building capacity ahead of need

- Investing in research and development to get to market with the next product before your competitors

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!