Questions a company should consider if a competitor initiates a price change include all of the following EXCEPT ________.
A) "Are other competitors going to respond?"
B) "What will happen to the company's market share if it does not respond?"
C) "Is the price change temporary or permanent?"
D) "Why did the competitor change the price?"
E) "How can we improve our product?"

Question

Quizplus · Accepted Answer

While improving the product may be a relevant consideration, it is not directly related to how the company should respond to a competitor's price change. All of the other options directly address the impact of the price change and potential responses.

Questions a Company Should Consider If a Competitor Initiates a Price