A firm can reduce the threat of imitation by following the Principles of defensive strategies.
Defensive strategies includes the courage to attack our potentials by asking questions again and again and eliminating the old ones to introduce new options.
Defensive strategies also include an initial investment. Defensive strategies consist of amassing the greatest skills nd strengths of the attacker. The firm must also manage the speed of the action taken by it.
Imitation could also be reduced by increasing the strategic complexity and creating a threat of retaliation.
Meaning of imitation is the act of un authorized copying of the competitor's technology.
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