Company A and Company B are two firms that work in the technology sector. They compete in the markets of both software and hardware. Recently, Company A has created an innovative, low price product, that is protected by patents, that has customers flocking to it$,$ leading to Company B having lower overall sales.

Which statement reflects the BEST position Company B can take against this new product for long$-$term success?

Company A and Company B are two firms that work in the technology sector. They compete in the markets of both software and hardware. Recently, Company A has created an innovative, low price product, that is protected by patents, that has customers flocking to it$,$ leading to Company B having lower overall sales.

Which statement reflects the BEST position Company B can take against this new product for long$-$term success?

Company B should attack along a different dimension of their business and focus on offering a better product themselves

Company B should create a fighting brand to compete directly with Company A$$s new product

Both companies should practice mutual forbearance so they don$$t compete away their profits

Both companies should consider co$-$opetition to help each other be more successful