A major drawback of price competition is that
A. it lowers prices.
B. it gains customers.
C. customers equate lower prices with lower quality.
D. competitors can also lower their prices.
E. it generates brand loyalty.
Answer: D
You might also like to view...
A coding system for sorting data must be exhaustiveand two-dimensional
Indicate whether the statement is true or false
Completing a _____ is, in effect, serving as a “warm-up” or “advance agent” for the main speaker.
a. speech of introduction b. speech of presentation c. keynote address d. speech of tribute
Daniel uses group maintenance behaviors as a major part of his leadership activities. Therefore, he
A. focuses on the results, striving to reduce harmonious work relationships. B. ensures the satisfaction of all employees, focusing on their feelings and comfort. C. leads aggressively, thereby increasing stress and increasing productivity. D. makes every decision. E. focuses on work speed, quality and accuracy, quantity of output, and compliance with the rules.
There are three general forms of retail ownership: independent retailer, corporate chain, and ________.
A. dual ownership B. retailing cooperative C. industry consortium D. multi-national cartel E. contractual system