A local firm has built a successful business but acknowledges it would be difficult to continue to compete with a large MNE. The MNE makes an offer to buy the local firm's interests, and the local firm accepts the offer. It is following the:
A)Contender strategy.
B)Extender strategy.
C) Dodger strategy.
D) Defender strategy.

Question

A local firm has built a successful business but acknowledges it would be difficult to continue to compete with a large MNE. The MNE makes an offer to buy the local firm's interests, and the local firm accepts the offer. It is following the:
A)​Contender strategy.
B)​Extender strategy.
C) ​Dodger strategy.
D) ​Defender strategy.

Quizplus · Accepted Answer

The local firm is not attempting to compete with the large MNE, but rather avoiding direct confrontation and selling their interests to the MNE. This aligns with the Dodger strategy, which involves avoiding competition in the market altogether.

A Local Firm Has Built a Successful Business but Acknowledges