If a company that is threatened with price controls diversifies into product lines that are relatively free of price controls, the firm would be following which of the
Following strategies?
A) adapt the product line.
B) shift target segments or market.
C) negotiate with the government.
D) launch a variant of an existing product.
E) predict the incidence of price controls.

Question

Quizplus · Accepted Answer

The correct answer is A because adapting the product line is a strategy that involves modifying existing products or introducing new products to meet changing market conditions, including the threat of price controls.

If a Company That Is Threatened with Price Controls Diversifies