Register
What issues does a company need to consider when a competitor initiates a price change?
218k views
4 votes
What issues does a company need to consider when a competitor initiates
a price change?

User Rehan Khan
by
4.2k points

1 Answer

2 votes
If the competitor has lowered the prices then a company will need to consider what to do to their product that makes it more interesting and gravitating considering that more people are now going to go towards the lower priced item.
User Elsoja
by
4.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.7m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
Link Copied!