When one company tries to compete with or match its competitor's rates,it engages in
A)nonpersonal selling.
B)personal selling.
C)prestige pricing.
D)price wars.

Question

Quizplus · Accepted Answer

When a company tries to compete with or match its competitor's rates, it is engaging in price wars. This involves strategic pricing moves to undercut or match competitors in order to gain or retain market share.

When One Company Tries to Compete with or Match Its