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Magners is staying ahead of the competition by focusing on product innovation, expanding its flavor offerings, and leveraging robust marketing strategies that emphasize its authentic Irish heritage. The brand also invests in sustainability practices, appealing to environmentally conscious consumers. Additionally, Magners actively engages with its customer base through social media and events, creating a strong community around its products. This multifaceted approach helps maintain its market presence and attract new customers.

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2mo ago

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A business is having trouble keeping up with the competition. They cannot respond to their customers like the competition. Which type of system will likely be able to help them solve this issue?

decision support system


What is the most effective price competition strategy for gaining a competitive edge in the market?

The most effective price competition strategy for gaining a competitive edge in the market is implementing a dynamic pricing strategy. This involves adjusting prices in real-time based on factors such as demand, competition, and market conditions to maximize profits and stay ahead of competitors.


Why did he go ahead with the deal despite his concerns?

He went ahead with the deal despite his concerns because he believed the potential benefits outweighed the risks. Additionally, external pressures, such as stakeholder expectations or market competition, may have influenced his decision. Ultimately, he felt that not proceeding could lead to missed opportunities for growth or innovation.


What are the four types of competition in marketing channel?

Horizontal competition, Inter-type competition, vertical competition, channel system competition


When using price competition a business does not want to have the most expensive product on the market True or false?

True. In price competition, a business aims to attract customers by offering lower prices than its competitors. Having the most expensive product would typically deter price-sensitive consumers, making it less competitive in a market focused on affordability. Therefore, businesses using price competition strive to provide value while keeping prices attractive.