There Are Two Ways to Deal with the Price Escalation

question 91

Multiple Choice

There are two ways to deal with the price escalation phenomenon.One of these methods is to cut the export price.The other is to:

• A)change the promotion strategy.
• B)position the product as a (super) premium brand.
• C)position the product as a lower quality brand.
• D)reduce retailer margins.
• E)reduce distances that the good must be shipped.

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Definitions:

23-Gauze Needle

A medical needle of a specific gauge used for injections and withdrawing fluids; the number 23 indicates the diameter of the needle.

Methotrexate

A medication used to treat certain types of cancer, severe psoriasis, and rheumatoid arthritis, by slowing cell growth.

Lorazepam

A benzodiazepine medication used to treat anxiety disorders, insomnia, and to provide sedation before medical procedures.

Fentanyl Transdermal

A medication delivered through the skin via a patch, used for managing severe, chronic pain.