Manufacturers are using 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 strengthening brand identity and perceived value through other strategies.

Manufacturers Are Using the Following Methods to Respond to Inroads