When faced with a competitor who has cut its product's price,which of the following is typically the most cost- effective way for a company to maintain its own price but raise the perceived value of its offer?
A)distributing the product through less costly channels
B)bundling the offer with add- ons
C)improving the quality of the product
D)introducing a higher- priced premium brand
E)altering the company's marketing communications

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The Answer of When faced with a competitor who has cut its product's price,which of the following is typically the most cost- effective way for a company to maintain its own price but raise the perceived value of its offer?
A)distributing the product through less costly channels
B)bundling the offer with add- ons
C)improving the quality of the product
D)introducing a higher- priced premium brand
E)altering the company's marketing communications

When Faced with a Competitor Who Has Cut Its Product's