Which of the following is a poor reason for a company to initiate a price cut?
A)to boost sales
B)to obtain prestige
C)to dominate the market
D)to relieve excess capacity
E)to influence falling demand

Question

Quizplus · Accepted Answer

Initiating a price cut to obtain prestige is not a valid reason because price cuts are typically associated with providing value to customers, and not with improving the company's reputation or status. Prestige is more likely to be achieved through other means such as superior quality, innovative products or exceptional customer service.

Which of the Following Is a Poor Reason for a Company