42.6k views
1 vote
Blansome Industries is seeking a partner to form a strategic alliance in order to establish better economies of scale. Blansome is most likely in what market type?

a.Slow-cycle
b.Intermediate-cycle
c.Standard-cycle
d.Fast-cycle

User Yam Tal
by
7.2k points

1 Answer

5 votes

Final answer:

Blansome Industries is most likely in the fast-cycle market type, which is characterized by rapid innovation and quickly adapting to market changes.

Step-by-step explanation:

Blansome Industries, which is seeking a partner to establish better economies of scale, is most likely in the fast-cycle market type.

In a fast-cycle market, industries continuously innovate and launch new products or services to respond to rapidly changing customer demands. They focus on creating a competitive advantage through technology and bringing new products to market quickly.

Blansome Industries' intention to form a strategic alliance and establish better economies of scale aligns with the characteristics of a fast-cycle market where companies seek to quickly adapt to market changes and gain a competitive edge.

User Nologin
by
7.5k points