Which of the following is the best response a company can make to competitive threats?
A) continuous innovation
B) a frontal attack
C) an indirect attack
D) to find partners
E) to ignore them

Question

Quizplus · Accepted Answer

Continuous innovation allows a company to stay ahead of the competition by developing new products or improving existing ones. This strategy can help a company maintain its market position and attract new customers. Frontal and indirect attacks may cause a price war, damaging both companies involved. Finding partners can be helpful, but it may not be the best approach to address competitive threats. Ignoring competitive threats can lead to loss of market share and revenues.

Which of the Following Is the Best Response a Company