If Canon Camera Company follows a low-price,low-margin strategy for a product,what will competitors most likely do?
A) They will decide to decide to target underserved niches.
B) They will want to compete in the same markets against Canon.
C) They will advertise less.
D) They will advertise more.
E) none of the above

Question

Quizplus · Accepted Answer

Competitors are likely to target underserved niches to avoid direct price competition with Canon's low-price, low-margin strategy.

If Canon Camera Company Follows a Low-Price,low-Margin Strategy for a Product,what