Which of the following is not a strategy for competing in hypercompetitive markets?
A) Relying on tried and trusted methods of securing competitive advantage
B) Imitating competitors' product/market moves
C) Achieving advantage as a first mover
D) Pre- empting imitation by competing in new ways
E) Constant disruption of the status quo

Question

Quizplus · Accepted Answer

Relying on tried and trusted methods of securing competitive advantage is not a strategy for competing in hypercompetitive markets, as these markets require constant innovation and adaptation rather than sticking to traditional methods.

Which of the Following Is Not a Strategy for Competing