SkyScape, a company that manufactures computer processors, launched a new product called ChipOne. This launch was a countermove against another product launched by GreenChip, SkyScape's competitor. Which of the following strategies was used by SkyScape to defend its market share?
A) A response strategy
B) An amalgamation strategy
C) A recovery strategy
D) An acquisition strategy

Question

Quizplus · Accepted Answer

SkyScape used a response strategy to defend its market share by launching its own product to counter GreenChip's new product.

SkyScape, a Company That Manufactures Computer Processors, Launched a New