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FIRST DECISION TO MAKE High-quality low price, prices 2 x cheaper compared to the competitors. PROBLEM 1 OPTIONS TO SELECT OPTION CHOSEN 1) Increase discounts

  1. FIRST DECISION TO MAKE

High-quality low price, prices 2 x cheaper compared to the competitors.

PROBLEM 1

OPTIONS TO SELECT OPTION CHOSEN
1) Increase discounts on our affected labels to all retailers to match the competition - effectively, lower our margins.
2) Approach the supermarket to produce the generic label ourselves - provided they agree to offer our branded products in higher quantities.
3) Offer an exclusive product to our other large customers - within our existing brands.
4) Do nothing. Wait and see what happens!

3. How useful was your scorecard in acting as a warning signal about any of the scenario issues that arose?

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