A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.
a) true
b) false

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19-08-2022
Business

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A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.
a) true
b) false

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kuruppu kuruppu · Answer 1 · 2022-08-24T12:22:54+02:00

It is True that a leadership strategy tries to increase market share by absorbing firms that are exiting a dying industry. It might indicate dominance in a certain field and how well a firm is earning income in order to meet its objectives.

Benefits of Increasing the Market Share by Absorbing the exiting firms:

Market share is the ratio of a company's total sales to the total sales of the industry over the same time period.

An increase in Market share can demonstrate superiority over rivals.
A corporation can assess the success of its plans and tactical execution by looking at its market share.
Given the impact it has on operations and profitability, increasing market share ought to be one of management's top priorities.
The huge advantages of market share highlight the significance of the tactics that might raise it.

To learn more about Market share, refer to the following link:

https://brainly.com/question/15530466

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A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry. a) true b) false

Respuesta :

Otras preguntas

A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.
a) true
b) false