The strategies of flanking defense, preemptive defense, mobile defense, contractor defense and counter offensive defense is used by which market player? (A) Market challenger (B) Market leader (C) Market follower (D) Market Nicher (E) Start up Marketer Choose the most appropriate answer from the options given below:
(B) only
In the competitive world of marketing, different players adopt different strategies based on their position in the market. The question asks about specific defense strategies: flanking defense, preemptive defense, mobile defense, and counter offensive defense. These strategies are typically employed by a market player seeking to protect its existing market share and position from competitors, particularly market challengers.
Defense strategies are inherently about maintaining one's current position. The player who has the most to defend is usually the market leader, the company with the largest market share. A market leader needs to continuously ward off challenges from competitors trying to erode its dominance.
Let's look at the typical roles of different market players:
Given this, defense strategies like those listed are primarily the domain of the market leader.
Market leaders employ various defense strategies to protect their position. Some common ones include:
The strategies mentioned in the question (Flanking defense, Preemptive defense, Mobile defense, and Counter offensive defense, along with Contractor defense which might be related to Contraction defense or a different specific context) are all methods aimed at protecting an existing position or market share. This aligns directly with the objectives of a market leader.
Challengers attack, followers emulate, and nichers specialize. Start-ups focus on entry and growth, not typically defending a large established share.
| Strategy Type | Primary Objective | Typically Used By |
|---|---|---|
| Defense | Protecting market share/position | Market Leader |
| Attack | Gaining market share | Market Challenger |
| Followership | Maintaining share by imitation | Market Follower |
| Niche | Serving a specific segment | Market Nicher |
Therefore, the set of strategies listed in the question is characteristic of a market leader's approach to maintaining its dominance.
| Market Role | Key Objective | Common Strategy Types |
|---|---|---|
| Market Leader | Protect & Expand Total Market | Defense (Position, Flanking, Preemptive, Counteroffensive, Mobile, Contraction) |
| Market Challenger | Increase Market Share | Attack (Frontal, Flanking, Encirclement, Bypass, Guerrilla) |
| Market Follower | Maintain Share, Profitability | Imitation, Adaptation, Cloner, Imitator, Adapter |
| Market Nicher | Serve Small Segment Profitably | Specialization (End-user, Vertical-level, Customer-size, Specific-customer, Geographic, Product/feature, Product-line, Channel) |
Understanding the strategic roles companies play in a market helps explain their typical actions and strategies. These roles are not always fixed, but they describe common competitive positions:
The defense strategies discussed are specifically tools for the market leader to maintain their competitive advantage and protect their position against firms attempting to change the market hierarchy.
EPRG framework in International Business refers to
How many types of consumer clusters are defined in the VALS framework, which divides consumers according to their buying motivation behavior?
Match the items of List-I with List-II and denote the code of correct matching.
| List – I | List – II |
| a. Invest Strategy | i. No receiving of new resources. |
| b. Protect Strategy | ii. Well financed marketing efforts. |
| c. Harvest Strategy | iii. Selective resource allocation |
| d. Divest Strategy | iv. Not warranting substantial new resources. |
Codes :