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1.What is new product development and pricing. 2.Should a company always respond to its competitor's price reduction? 3. What options are available in case you
1.What is new product development and pricing.
2.Should a company always respond to its competitor's price reduction?
3. What options are available in case you decide to do so?
4.which are the strategies available to companies in case of price changes and adjustments.
5.Argue your answer and present real-world examples that support your analysis
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