Isabella Is a Product Manager for the Container Store, a Retailer

question 130

Multiple Choice

Isabella is a product manager for The Container Store, a retailer of plastic bins and other storage containers. Sales have been declining in the past nine months and her management team is pressuring her to compete based on price discounts. However, Isabella is aware of the dangers associated with engaging in price competition. She knows that competitors can also change prices quickly and aggressively, which can result in a(n) ____ that will be harmful to both companies.

• A) reduction in cost
• B) price war
• C) competitive game
• D) industry collapse
• E) advertising battle

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Definitions:

Acquiring Words

The process by which individuals learn and assimilate new vocabulary into their language use.

Infant

A very young child or baby, typically under one year of age.

Preschool Years

The period in a child's life before they attend kindergarten, typically from ages 3 to 5.

Acquire

To gain possession or ownership of something, often through purchase or effort.