Potentially attractive strategy options for a company in a "weak business" with declining competitive position include

Group of answer choices

1) broadening the company's product line to incorporate models and styles not offered by rival firms, boosting advertising, cutting prices, or a focused differentiation strategy keyed to top-of-the-line product quality.

2) a stay-on-the-offensive strategy, a middle-of-the-road strategy, a price warfare strategy, or a preemptive strike strategy.

3) a turnaround strategy, a fortify-and-defend strategy, a fast-exit strategy, or a slow-exit strategy.

4) shifting to a strategy that is largely a carbon copy of the market leader's strategy.

5) buying market share with deep price cuts and trying to gain significantly greater buyer recognition and attention.