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    competing in rapid-growth industries

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    Which one of the following is not likely to be a suitable strategy option for companies competing in rapid-growth industries?
    A. Driving down costs per unit so as to enable price reductions that attract droves of new customers
    B. Pursuing rapid product innovation, both to set a company's product offering apart from rivals and to incorporate attributes that appeal to growing numbers of customers
    C. Gaining access to additional distributional channels and sales outlets
    D. Expanding the product line to add models/styles that appeal to a wider range of buyers
    E. Putting top priority on heavy advertising and other marketing-related actions calculated to strongly differentiate its product offering from rivals

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    Solution Preview

    My option will be E, ie, Putting top priority on heavy advertising and othr marketing related actions. Instead of focusing top priority ...

    Solution Summary

    The following posting helps with business management. It discusses whether certain strategies are suitable for companies competing in rapid-growth industries.