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FunText is a company that owns an app used for text messaging. It recently offered a six month membership extension, to its existing customers, without any additional charges. Which competitive strategy is FunText trying to implement in this scenario?
Poverty
A condition where individuals lack sufficient financial resources to meet basic living expenses such as food, shelter, and clothing.
Nobel Prizes
Prestigious awards annually given in several categories such as Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences for significant contributions.
Labor Force
The total number of people employed or actively seeking employment in a given economic region.
Productivity
A measure of the efficiency of production, usually quantified as the ratio of output to inputs in the production process.
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