Multiple Choice
Which of the following is true about price competition?
A) A major advantage of price competition is flexibility.
B) Price competition allows the marketer to build brand loyalty.
C) Price wars do not result from price competition.
D) In price competition, marketers distinguish their brands with unique product features.
E) In price competition, marketers distinguish their brands with promotion and packaging.
Correct Answer:
Verified
Correct Answer:
Verified
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