If you appreciate our work, consider supporting us:

QUESTION:

Price discounts, frequent new product releases with minor modifications, and intense promotional campaigns are all tactics indicative of an industry with Blank growth.

Multiple choice question.

ANSWER:

Your Answer correct

Price discounts, frequent new product releases with minor modifications, and intense promotional campaigns are all tactics indicative of an industry with Blank growth.

Multiple choice question.
Reason: 

In a market with fast and positive growth, the threat of rivalry is reduced. Competitors do not have to engage in price wars or intense promotional campaigns to win consumers from their competitors because everyone will be able to capture part of a larger pie (a growing market) instead of having to take market share away from one another.

Correct AnswerQuestion

Back to Questions