Which of the following is the best strategy for Silken Glow to follow to retain market share for the long term?

Question

Quizplus · Accepted Answer

Having new ideas ready for commercialization will allow Silken Glow to stay ahead of competitors and retain market share in the long term. Allowing sales and profits to drop temporarily or producing more shavers may not address long-term challenges related to changing consumer preferences and competition. Showing how well the shaver co-exists with other products may be a good strategy for boosting short-term sales but may not necessarily lead to retaining market share in the long term.

Which of the Following Is the Best Strategy for Silken