Manufacturers are using all of the following methods to respond to inroads made by private labels, except:
A) focusing on a few core brands
B) increasing advertising expenditures
C) introducing new products and new versions of current products
D) reducing prices to meet private label pricing

Question

Quizplus · Accepted Answer

Manufacturers typically avoid reducing prices to meet private label pricing as it can erode brand value and profitability. Instead, they focus on strategies like enhancing brand appeal and innovation.

Manufacturers Are Using All of the Following Methods to Respond