a good way for a pioneer firm to blunt a potential challenger's leapfrog strategy is to: group of answer choices increase the price of its goods and services. use the market skimming strategy. use the market penetration strategy. invest in new productive capacity. none of these answers is correct.

Respuesta :

The business can employ the market penetration strategy to expand its client base and increase market share. It will stop the future adversary from using their leapfrog method to success.

What people have to face market challenger

A corporation that aggressively floods the market with its products at aggressive rates in an effort to increase its market share is known as a market challenger.

A market challenger can launch a full-frontal assault by introducing items that are identical to those of the market leader with comparable quality, aggressive advertising, competitive price, and a similar distribution strategy. The greatest way to increase market share is to launch distinctive products that will aid in building a company's brand and actively promote those products through various distribution channels.

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