Magnira Corp. is an apparel company. After a slow start, it saw a steep rise in its clientele and a remarkable increase in its profits. However, with the launch of other apparel manufacturers in the market, the profits of Magnira have started declining. To sustain its growth in the market, the managers of Magnira should:
A)focus on primary demand stimulation rather than advertising the brand.
B)shift to aggressive brand advertising and open new branches.
C)suggest top management to reduce the number of employees in the company.
D)distribute the company's products at limited outlets.

Question

Quizplus · Accepted Answer

To sustain growth amidst competition, Magnira should focus on aggressive brand advertising to strengthen its market presence and consider expanding by opening new branches to reach more customers.