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Realising Australian Consumers Began to Perceive the Prices of Many

Question 1

Multiple Choice

Realising Australian consumers began to perceive the prices of many national food brands as being more expensive than food prices abroad, especially in Europe and the USA.Coles and Woolworths recognised a(n) __________ for introducing their own private label brands priced significantly below the national brands.


A) marketing mix
B) market opportunity
C) need
D) requirement
E) goal

Correct Answer:

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