Which of the following statements regarding competitive threats is incorrect?
A) Matching a price cut will be an ineffective strategy if the competitor simply reestablished the differential by a further price reduction.
B) A single response is rarely enough to stop price moves by competitors that are struggling to establish a market position.
C) If a price response is required,the strategist should focus the firm's competitive retaliation on those actions that are most cost-effective for the firm.
D) All of the above.
Correct Answer:
Verified
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