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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Bit's product manager is under pressure to increase market share, but is uncertain about how to make the product more competitive. The product is reasonably well-positioned in the Thrift segment and enjoys relatively high awareness and accessibility. Which of the following would most likely result in a quick increase in market share?
A) Re-position the product to the ideal spot within the segment
B) Increase awareness by 5%
C) Lower the unit selling price to the bottom limit of the segment price range
D) Increase the unit contribution margin by decreasing the MTBF
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