Which of the following is NOT a reason for a company to initiate a price cut?
A)to boost sales
B)to obtain prestige
C)to dominate the market
D)to relieve excess capacity
E)to influence falling demand

Question

Quizplus · Accepted Answer

Obtaining prestige is not a reason for a company to initiate a price cut, as it would go against the goal of enhancing the brand value and maintaining a premium image. Price cuts are typically used to stimulate demand, address competitive pressures, optimize production capacity utilization, or adjust to market conditions.

Which of the Following Is NOT a Reason for a Company