Future clothes inc., a publicly traded company, designs and manufactures wearable technology. what approach should future clothes take after a long period of horizontal integration in its industry? assume that the industry is now stable and competitors have not made any major changes in price or marketing recently.
a prepare to resist a hostile takeover by buying back as much stock as possible.
b encourage new competitors to enter the market to improve competition.
c compete based on price in order to drive out remaining competitors and create a monopoly.
d focus on research and development as a form of non-price competition.