________ is the continuing reduction in the demand for a company's products that occurs when competitor prices are not met.
A) Downward demand spiral
B) Competitor pricing pressure
C) Continuous step down demand
D) Super-demand cutback

Question

Quizplus · Accepted Answer

A downward demand spiral refers to the situation where a company's failure to match competitor prices results in a continued reduction in demand for their products. As a result, the company may experience a loss in market share and revenue, and may find it difficult to regain its competitive position. Competitor pricing pressure and continuous step down demand are not specific terms in this context, and super-demand cutback is not a recognized term at all.

________ Is the Continuing Reduction in the Demand for a Company's