Which of the following organisations could least afford to engage in price competition?

Question

Quizplus · Accepted Answer

explain the role of competitive analysis in determining pricing. Price competition is a difficult strategy to sustain over the long term unless an organisation enjoys clear market or cost advantages, e.g. a supermarket. For other organisations, the lack of a cost advantage usually implies that price competition should only be initiated in very rare cases, and then for only brief periods.

Which of the Following Organisations Could Least Afford to Engage