15. _____ is the process by which companies increase or decrease product prices to convey their competitive

Question:

15. _____ is the process by which companies increase or decrease product prices to convey their competitive intentions to other companies and so influence the way competitors price their products.

a. Price leadership

b. Price signaling

c. Nonprice competition

d. Price cutting

e. Maintaining excess capacity

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Strategic Management

ISBN: 9780547194325

2nd Edition

Authors: Charles Hill, Gareth Jones

Question Posted: