If a company that is threatened with price controls diversifies into product lines that are relatively free of price controls, the firm would be following which of the following strategies?
A)adapt the product line.
B)shift target segments or market.
C)negotiate with the government.
D)launch a variant of an existing product.
E)predict the incidence of price controls.

Question

Quizplus · Accepted Answer

Diversifying into product lines that are relatively free of price controls is a strategy to adapt the product line to mitigate the impact of those controls on the company's overall business.

If a Company That Is Threatened with Price Controls Diversifies