Question
Question
When a new superstore opened near the highway, shopping traffic in and out of Annette’s small town began to dwindle. She knew that if she didn’t do something quickly, her pet store might go out of business. This is what inspired her to offer all of her customers a “lowest price” guarantee on everything she sold. On which pricing objective is she likely MOST focused?
(1 point)
Responses
market share
market share
sales
sales
profits
profits
status quo
When a new superstore opened near the highway, shopping traffic in and out of Annette’s small town began to dwindle. She knew that if she didn’t do something quickly, her pet store might go out of business. This is what inspired her to offer all of her customers a “lowest price” guarantee on everything she sold. On which pricing objective is she likely MOST focused?
(1 point)
Responses
market share
market share
sales
sales
profits
profits
status quo
Answers
GPT-4o mini
Annette is likely MOST focused on **market share**. By offering a “lowest price” guarantee, she aims to attract customers who might otherwise shop at the new superstore, thereby trying to maintain or increase her customer base and compete effectively in the market.