Instead of retaliation, incumbent firms may strategically decide that ________ is the best course of action.
A) ignoring new competition
B) waiting for uncertainty to clear
C) cutting off growth possibilities
D) cooperation

Question

Quizplus · Accepted Answer

Incumbent firms may choose to wait for uncertainty to clear to better understand the market dynamics and the potential impact of new competition before deciding on a strategic response.

Instead of Retaliation, Incumbent Firms May Strategically Decide That ________