If Canon Camera Company follows a low- price,low- margin strategy for a product,what will competitors most likely do?
A)They will advertise less.
B)They will want to compete in the same markets against Canon.
C)They will decide to decide to target underserved niches.
D)They will advertise more.
E)none of the above

Question

Quizplus · Accepted Answer

Competitors may decide to target underserved niches to avoid direct competition with Canon's low-price, low-margin strategy, allowing them to maintain higher margins.

If Canon Camera Company Follows a Low- Price,low- Margin Strategy