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  Home  Competitive Strategy

⟩ For some products, competitive pressure may keep margins tight. To increase profit the organization may do which of the following-

1. Reduce marketing expenditure; reduce costs.

2. Reduce marketing expenditure; increase the price.

3. Reduce marketing expenditure; increase the price.

4. Reduce costs; increase output.

5. Increase the price; reduce costs.

Answer: Reduce costs; increase output

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