A company which enters into a spirited battle for market share by cutting prices and offering special deals would be an example of which strategy to avoid?
A)follow the leader
B)hit another home run
C)arms race
D)do everything
E)losing hand

Question

Quizplus · Accepted Answer

Engaging in an arms race strategy by cutting prices and offering special deals leads to a pricing war that is not sustainable and can lead to lower profit margins and decreased brand value. It is better to focus on creating unique value propositions, building customer loyalty and investing in innovation.

A Company Which Enters into a Spirited Battle for Market