He first offered a trust and if they didn't accept the trust, he would run them out of business by putting a store next to the other one and sell his merchandise for 75% less money than the other company.
He first offered a trust and if they didn't accept the trust, he would run them out of business by putting a store next to the other one and sell his merchandise for 75% less money than the other company.
John D. Rockefeller employed various strategies to eliminate competition in the oil industry, primarily through aggressive pricing and strategic mergers. He often sold oil at a loss to undercut competitors, a tactic known as predatory pricing, which forced many smaller companies out of business. Additionally, he used vertical integration to control the entire supply chain and created the Standard Oil Trust, which consolidated numerous oil companies under his control, significantly reducing competition in the market.
It's on my test. It's either... a.increased competition b.supporting a centrally planned economy c.funding research on new technology d.elimination of the tactic of vertical integration e.elimination of as much competition as possible
STRATEGY focuses on the resources and energies and not the competitor in the business. TACTIC is coupled with a minimum logic, morality and ethics which make use of legal loopholes coming from the business and product selection.
To prevent unionization, employers locked out workers from the workplace and hired replacements. It was a tactic to try to intimidate workers to not demand fair wages, benefits, and better (safe) work conditions.
His tactic was transparent.
there is no devensive tactic in basketballl
The Best tactic is, attacking from the flanks.
A winning tactic is a good tactic, every player got his own.
general dukey
A Strategy is similar a tactic, and should suffice as a synonym.
Sit-Down Tactic