Among the purposes of defensive strategies are to:

a. aggressively retaliate against rivals pursuing offensive strategies and prevent price wars.
b. restrict a competitive attack by a challenger, weaken the impact of any attack that occurs, and influence challengers to aim their offensive efforts at other rivals.
c. guard against adverse changes in the company's macro-environment and insulate the company from the impact of industry-driving forces.
d. strengthen a company's competitive advantage and reduce its exposure to business risk.
e. eliminate a company's resource weaknesses and competitive deficiencies, thereby making it invulnerable to competitive attack from would-be challengers.

Answer: b. restrict a competitive attack by a challenger, weaken the impact of any attack that occurs, and influence challengers to aim their offensive efforts at other rivals.

Business

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Which of the following statements is true of globalization?

A. It fails to involve smaller firms. B. It encourages the maintenance of the status quo. C. It does not create threats to anybody. D. It does not allow employees to provide services although most economies have become very efficient at producing physical goods. E. It represents that a company’s talent can come from anywhere.

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The ads for Advantage flea and tick control show well-loved pets miserably scratching. With one application of Advantage, the pets are happy and doing what they do best—providing pleasure for their owners. What type of executional style do these ads use?

a. scientific b. mood or image c. demonstration d. lifestyle

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