As a brand manager of a firm that manufactures denim jeans, how will you implement a preemptive defense marketing strategy to meet an anticipated competitive challenge?
What will be an ideal response?
Students answers will vary. A preemptive defense is a more aggressive maneuver that has as its purpose to attack before the enemy starts its offense. You can launch a preemptive defense by waging a guerrilla action across the market and keep everyone off balance. Another way to launch a preemptive defense is by introducing a stream of new products like denim jackets and skirts in various colors.
Business
You might also like to view...
What is the total cumulative value of foreign investments referred to as?
What will be an ideal response?
Business
Holding risk constant, the implementation of projects with a rate of return above the cost of capital will decrease the value of a firm, and vice versa
Indicate whether the statement is true or false
Business