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Strategy of Trading Down Involves __________

Question 5

Multiple Choice

strategy of trading down involves __________.


A) adding product features but using lower quality product materials
B) reducing product features and but using higher quality product materials or ingredients
C) reducing the number of features, quality, or price of a product
D) seeking a less price-sensitive target market
E) changing to a mass merchandiser retailer like Wal-Mart or Target

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