The action of New Balance, Inc. to successfully reposition its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against Nike and Adidas in fashion and professional sports is <u>A. a reaction to a </u><u>competitor's position</u><u>.</u>
<h3>What is competitive positioning?</h3>
Competitive positioning is offering and creating value for your customers and brand in the market.
The following four competitive positions can be assumed by an entity, depending on the adopted market strategies:
- Market leadership
- Market challenging
- Market followership
- Market niching.
<h3>Answer Options:</h3>
A. react to a competitor's position
B. reach a new target market segment
C. catch a rising trend
D. change the value offered to its customers
E. accommodate its target audience's preference for comfortable sneakers
Thus, New Balance, Inc. is likely reacting to <u>Option A</u>.
Learn more about market positioning at brainly.com/question/25165063
The government really just expected reduced highway fatalities. Even though that it costs these multibillion dollar companies a little more to let their drivers rest, it sill makes the roads safe for all drivers. Driving while tired is almost as bad as driving under the influence, so making sure that these truck drivers get sleep make sure everything is super safe for everyone.
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Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. Governments view business organizations as a critical vehicle for social reform. ... Government actions influence the economic environment.
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