The National Bank of Kuwait's network of automated teller machines (ATMs) and retail branches nationwide create steep competition for local and regional banks, sending out signals to others to not compete. This is called a ________
A) preemptive defense
B) counteroffensive defense
C) mobile defense
D) flank defense
E) contraction defense

Question

Quizplus · Accepted Answer

A preemptive defense strategy involves taking actions that make it significantly difficult for competitors to enter or expand in the market. The National Bank of Kuwait's extensive network of ATMs and branches serves as a barrier to entry for competitors, effectively deterring them from entering the market.

The National Bank of Kuwait's Network of Automated Teller Machines