Marketing decision makers in a firm must constantly monitor competitors' activities, their products, prices, distribution, and promotional efforts-because
| A. | The competitors may be violating the law and can be reported to the authorities |
| B. | The actions of competitors may threaten the monopoly position of the firm in its industry |
| C. | The actions of competitors may create an oligopoly within an industry |
| D. | New product offerings by a competitor with the resulting competitive variations may require adjustments to one or more components of the firm's marketing mix |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
