Multiple Choice
Libra Electronics has invented a new technology to make laptops that are extremely lightweight and unbreakable. The company is advertising aggressively and wishes to create demand for its new range of laptops. To attract customers, the company has priced the laptops attractively. However, in order to make profits, the company has priced the batteries required for the laptops extremely high. Which of the following is illustrated in this scenario?
A) downsizing strategy.
B) harvest strategy.
C) razor and blade strategy.
D) divestment strategy.
E) switching costs.
Correct Answer:
Verified
Correct Answer:
Verified
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