BoundStar and ClipKlik are two of the biggest companies in the smartphone industry. When BoundStar launched a new ultra-slim smartphone, ClipKlik also shortly launched a super-sleek smartphone. Phones launched by both companies are similar in quality and build. ClipKlik will be able to remain competitive in the market through BoundStar launched its phone before ClipKlik. Which of the following strategies was used by ClipKlik to defend its market share?
a. a response strategy
b. An amalgamation strategy
c. An acquisition strategy
d. A recovery strategy
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Home » Business » BoundStar and ClipKlik are two of the biggest companies in the smartphone industry. When BoundStar launched a new ultra-slim smartphone, ClipKlik also shortly launched a super-sleek smartphone.