Business Studies, asked by dawitalemayehu117, 1 month ago

What is the implication of price wars for a company

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Answered by llSᴡᴇᴇᴛHᴏɴᴇʏll
41

Answer : -

Price wars represent one of the most severe forms of competitive interplay in the market place, causing great losses. Companies suffer losses in terms of margins, consumer equity and ability to innovate (Heil & Helsen, 2001).

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