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Business, 13.10.2021 02:10 lollipop83

An automobile manufacturer added an array of features on a popular model vehicle in an attempt to achieve higher margins on sales. The features raised the price of vehicles by about 10% but also resulted in a loss of sales volume of nearly 15%. As a result, the manufacturer decided to once again offer the vehicle with just the standard features. This is an example of a strategy.

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An automobile manufacturer added an array of features on a popular model vehicle in an attempt to ac...
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