Companies that undercost products will most expected lose open market share. True or False?
Answers:
I assume you mingy underneath price products. Costs are costs and you can not undercut them it is call fraud.
Under pricing products is a strategy acompany will use to gain bazaar share. Usually this is done beside a product to be exact a completely investigational concept not a product address a flea market already established. SONY did this beside their walkman and other products because not a soul know what the flea market would be. Once a flea market be established the price leveled sour that the company enjoy average profits. Never try this if you are introducing a product which here is a competitor already selling a similar product. You will most possible lose the price time of war.