The problem arises in price cut when the customer's assume that quality of product has become poor is called __________?
Correct answer: A. low-quality trap
- A. low-quality trap
- B. fragile-market-share trap
- C. shallow-pockets trap
- D. price-war traps
Explanation
The low-quality trap occurs when customers interpret a price reduction as evidence that the product's quality has deteriorated. The other traps concern market share, competitors' resources, or price-war effects.
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