How Can a Company Find Its Way Out of a Market

question 17

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

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Definitions:

Waste Time

To use time inefficiently or unproductively, often on activities that offer no valuable outcome.

Sexually-Oriented

Content or activities focused on sexual interests, behaviors, or orientations.

Sexual Harassment

Unsolicited sexual propositions, solicitation for sexual gratuities, and various forms of sexual natured verbal or physical abuse.

Offensive Behavior

Actions or words that are intended or likely to cause offense or discomfort to others.