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What is a market follower strategy?
A market follower strategy involves a company adopting a passive approach in the marketplace, where it observes and replicates the successful strategies of market leaders rather than seeking to innovate or create new trends. This strategy allows followers to minimize risks and costs by leveraging the market insights and established practices of more dominant competitors. By focusing on efficiency and customer satisfaction, market followers can carve out a niche while avoiding the pitfalls of direct competition with leaders.
What are the example of testimonial advertising?
When it comes to social media influencers, their reviews about their brand or products would still count as testimonials to a great extent if they have a small follower base. It may be considered as an endorsement for mega-influencers.
Who is the market leader in fmcg product?
Hindustan unilever limited
How Nike have used their business environments to gain market share on their competitors and become a leader in their industry?
= How Nike have used their business environments to gain market share on their competitors and become a leader in their industry? =
What is the disadvantage of loss leader?
The disadvantage of Loss Leader is that if a company will lower their prices for a certain time and raise their prices again, the customers will not be comfortable with the increase in the price and so they will start buying for the competitor and not buy any more products from the shop/company/business!!! This is the best disadvantage of a Loss Leader you can get.....i am the most clever person in the world!!!!....joke
Does priest mean leader?
Yes, it does because a Priest in a Church is not a follower, but he leads people and yes it does mean leader.
What word starting with f is an antonym of leader?
The antonym of leader is follower.
What is the opposite of follower and followers?
The opposite of follower is leader. Plural is leaders. There are many types of leaders, which depending on the context, could be used as more precise nouns to mean leader(s).
What is leader-follower relationship?
Sounds like a Domme (leader) Submissive (follower) relationship..
Do you consider yourself a leader or a follower?
One may consider himself or a herself a leader if they have a strong influence on a given group of people or friends. One may also be a follower if they are influenced by someone or some people.
What does it mean to be a follower versus being a leader?
A follower is someone who follows the example of someone else. A leader is someone who sets an example for others, someone who leads others. These two terms refer to the way someone acts.
Does disciple mean leader?
No, a disciple is to be an 'imitator' of Jesus Christ and follow His perfect example.
What word is the antonym of leader?
Follower.
What is the opposite word of leader?
Follower.
A leader without control is called a?
Follower
What starting with f is an antonym of leader?
follower
Which influence technique occurs when the leader asks the follower to comply with a request based on friendship?
The influence technique that occurs when the leader asks the follower to comply with a request based on friendship is known as the friendship/liking technique. It leverages the existing relationship between the leader and follower to gain compliance. The leader appeals to the personal connection and trust in hopes of influencing the follower's decision.
