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Elite was developed as a brand of luxury clothing and accessories targeted at affluent working women. However, it altered its offerings to include a large

Elite was developed as a brand of luxury clothing and accessories targeted at affluent
working women. However, it altered its offerings to include a large proportion of standard
clothes at cheaper prices when the country was faced with severe recessionary pressures.
Elite responded to the pressures in the
environment by scaling down the nature and
prices of its clothes and accessories.
a. legal
b. competitive
c. cooperative
d. economic
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