To overcome price escalation when selling to less-affluent consumers in developing countries, companies offer their same products at lower prices.

Name: To overcome price escalation when selling to less-affluent consumers in developing countries, companies offer their same products at lower prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Companies often modify their products or adjust their business models to reduce costs and offer more affordable versions, rather than simply lowering prices of the same products.

To Overcome Price Escalation When Selling to Less-Affluent Consumers in Developing