If the Canon Camera Company follows a high-price,high-margin strategy,what will competitors such as Nikon,Minolta,and Pentax most likely do?
A) They will go out of business.
B) They will want to compete against Canon.
C) They will advertise less.
D) They will bundle their products.
E) They will seek new market segments.

Question

If the Canon Camera Company follows a high-price,high-margin strategy,what will competitors such as Nikon,Minolta,and Pentax most likely do?
A)	They will go out of business.
B)	They will want to compete against Canon.
C)	They will advertise less.
D)	They will bundle their products.
E)	They will seek new market segments.

Quizplus · Accepted Answer

Competitors like Nikon, Minolta, and Pentax will likely want to compete against Canon by either matching their pricing strategy or offering better value to attract customers.

If the Canon Camera Company Follows a High-Price,high-Margin Strategy,what Will