In recession, companies should focus on price reductions and discounts to maintain and attract customers.

Name: In recession, companies should focus on price reductions and discounts to maintain and attract customers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

During a recession, while price reductions and discounts can attract customers in the short term, companies should also focus on maintaining value, improving efficiency, and strengthening customer relationships to ensure long-term sustainability and competitiveness.

In Recession, Companies Should Focus on Price Reductions and Discounts