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Management · Q183

Strategic Management

Graduate and Post Graduate · Management · question 183

Q183

____________ refers to the strategies and counter strategies of a firm that compete in a shared market place

A.
Retrenchment strategy
B.
Competitive gaming
Answer
C.
Business strategy
D.
Corporate strategy

Answer: Option B

Solution

Answer: Option B
Solution:
Competitive gaming refers to the strategies and counter strategies of a firm that compete in a shared market place. Competitive games are those in which players play against one another and where one player winning means another player loses. Two player games are often competitive, with a distinct win-or-lose outcome.