Most of the times it is a bad idea for a small firm to try to compete on price.

Name: Most of the times it is a bad idea for a small firm to try to compete on price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Small firms typically have limited resources and cannot afford to lower their prices significantly without sacrificing quality or profitability. Instead, they should focus on providing unique value propositions, personalized service, and high-quality products to differentiate themselves from competitors.

Most of the Times It Is a Bad Idea for a Small