Question

Publix Supermarket is revising its marketing plan for the upcoming quarter. Publix typically focuses on its wide variety of products and its high-quality customer service, having very few weekly "sales." However, during the upcoming quarter, Publix plans to focus on price and value, and promote weekly "values" instead. Publix is most likely in a(n)__________.

Answer 1

Publix is most likely in a(n) Recession.

Explanation:

A recession is as much a danger and a chance.The very worst situation is that a marketer reduces an ad budget while a rival raises the advertising budget. Because the costs of newspapers continue to drop considerably more quickly than most businesses, advertising ROI is often increasing in a recession.

A recession seems to be a surprise and inefficient companies are allowed to leave, however new firms will develop in recession. Declining asset prices may make buying a house cheaper. Better investors for the first time.