In which type of business environment are price cutting strategies and franchising strategies most appropriate?
A) Embryonic, focused.
B) Fragmented, decline.
C) Mature, fragmented.
D) Competitive, embryonic.

Question

Quizplus · Accepted Answer

In a mature, fragmented market, businesses often use price cutting to gain market share and franchising to expand reach and maintain competitiveness.

In Which Type of Business Environment Are Price Cutting Strategies