How Can a Company Find Its Way Out of a Market

Multiple Choice

How can a company find its way out of a market characterized by pure competition?

A) consistently offer the lowest price until other competitors leave the market
B) increase prices and attract different, quality-oriented customers
C) decrease the amount of available product until the market reacts
D) increase the amount of available product to flood the market
E) differentiate the product in some way, even by packaging, so customers will see it as distinct