New Coke was repositioned as a slightly sweeter, less filling soft drink because the Coca-Cola Company discovered that its 1984 market share in supermarkets was 2 percent behind Pepsi. This product repositioning strategy was:
A) to catch a rising trend.
B) a reaction to a competitor's position.
C) to change the value offered.
D) to reach a new market.
Correct Answer:
Verified
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