Which condition would lead a company's marketers to find a new market, change prices, or compete in other ways to maintain an advantage?

Name: Which condition would lead a company's marketers to find a new market, change prices, or compete in other ways to maintain an advantage?
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

When the threat of substitute products is high, companies may need to find new markets, adjust prices, or compete in other ways to maintain their competitive advantage, as customers have more alternatives to choose from.

Which Condition Would Lead a Company's Marketers to Find a New