Which of the Following Is Likely to Be the Least

question 85

Multiple Choice

Which of the following is likely to be the least effective action that a company can take to combat a competitor's price cut on a product?

• A)reduce price
• B)raise perceived value
• C)improve quality and increase price
• D)bundle products together
• E)launch a low-price "fighting brand"

---

Definitions:

Health Care Costs

The total expenses associated with medical services, treatments, and medications incurred by individuals or populations.

Incomes

The money received, especially on a regular basis, for work or through investments.

PPACA

The Patient Protection and Affordable Care Act, a federal statute aimed at reducing the cost of health care and expanding health insurance coverage to the uninsured in the United States.

Alternative

A choice or option available in a situation, often considered in the context of different outcomes or solutions.