The Victory Wireless Store in Denver Is Currently Offering a Fabulous

question 158

Multiple Choice

The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers.Victory Wireless offers customers who purchase an iPhone with a 2-year subscription a free Otter phone case, car charger, ear phones, and speakers.In terms of Porter's five forces, what is Victory Wireless attempting to achieve with this marketing strategy?

• A)Increase buyer power.
• B)Increase substitute products.
• C)Decrease supplier power.
• D)Decrease buyer power.

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Definitions:

Host Countries

Nations that host businesses, organizations, or individuals from other countries, often relating to international firms or workers.

Unemployment

The condition in which a percentage of the population wants to work but is unable to find jobs.

Globalization Strategy

A plan of action adopted by a company to expand its operations and influence beyond its home country through trade, investment, and other business activities.