Gigantic Corporation follows a strategy of waiting for rivals to innovate, then quickly imitating any successful innovations. This behavior is known as:

a. collusion.
b. an entrepreneurial strategy.
c. a fast-second strategy.
d. pricing the demand curve.

Question

15-06-2024
Business

Answered

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Gigantic Corporation follows a strategy of waiting for rivals to innovate, then quickly imitating any successful innovations. This behavior is known as:

a. collusion.
b. an entrepreneurial strategy.
c. a fast-second strategy.
d. pricing the demand curve.

Sagot :

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