If Canon follows a low-price,low-margin strategy for a product,what impact will it have on competitors?
A) They will not be able to compete or may leave the market.
B) They will want to compete against Canon.
C) They will advertise less.
D) They will advertise more.
E) They will bundle their products.

Question

If Canon follows a low-price,low-margin strategy for a product,what impact will it have on competitors?
A)	They will not be able to compete or may leave the market.
B)	They will want to compete against Canon.
C)	They will advertise less.
D)	They will advertise more.
E)	They will bundle their products.

Quizplus · Accepted Answer

A low-price, low-margin strategy can make it difficult for competitors to compete on price, potentially leading them to exit the market if they cannot sustain profitability at those levels.

If Canon Follows a Low-Price,low-Margin Strategy for a Product,what Impact