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kow [346]
3 years ago
12

A company must consider the product's stage in the life cycle and its importance in the company's portfolio before responding to

a competitor's price cut.
Business
1 answer:
Vadim26 [7]3 years ago
3 0
That statement is true,

The company must indeed take all of those things for the consideration.

if the difference in the markets interests way too big, a company may not need to give any response to competitor's price cut.
In online videos watching outlet, for example, youtube has a massive lead to the point where they don't even need to their competitor's business model.
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