________ 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-variable costing

Question

Quizplus · Accepted Answer

Downward demand spiral is a phenomenon that occurs when a company fails to match or beat its competitors' prices. This leads to a continuous reduction in the demand for the company's products over time, which can eventually result in the company losing market share and profitability. This highlights the importance of competitive pricing strategies in today's business environment.

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