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Mercedes got a wake-up call in 1993 when Lexus began offering Mercedes quality for $20,000 less. Mercedes responded by boosting employee productivity, increased low-cost outside

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Mercedes got a wake-up call in 1993 when Lexus began offering "Mercedes quality" for $20,000 less. Mercedes responded by boosting employee productivity, increased low-cost outside suppliers, added production facilities in the U.S. and Spain to introduce lower-priced E \& S Class sedans. Which of the following is MOST closely related to this? Extension strategy Ethnocentrism. Countertrade Price escalation Adaptation strategy

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