New Coke was repositioned as a slightly sweeter, less filling soft drink because the Coca-Cola Company discovered that its 1984 market share in supermarkets was 2 percent behind Pepsi. This product repositioning strategy was designed to __________.
A) reach a new market
B) catch a rising trend
C) change the value offered
D) change its target audience
E) react to a competitor's position
Correct Answer:
Verified
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