Your business has been frequently changing prices, and customers have lost trust in your pricing. They no

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Your business has been frequently changing prices, and customers have lost trust in your pricing. They no longer believe that your discounts are genuine. What should be your next step?

A) Increase prices further to demonstrate quality.

B) Offer more discounts to rebuild trust.

C) Maintain the current pricing strategy and focus on product quality.

D) Abandon price-based promotions and focus on non-price attributes.

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Dec 12, 2023 08:12 AM

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Your business has been frequently changing prices, and customers have lost trust in your pricing. They no

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The detailed answer for the above question is provided below D Abandon pricebased promotions and foc... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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