Sherman's Appliances advertises a "price match" guarantee that they will meet or exceed competitors' prices on all products in the store. What type of strategy is Sherman's Appliances utilizing?

Sherman's Appliances advertises a "price match" guarantee that they will meet or exceed competitors' prices on all products in the store. What type of strategy is Sherman's Appliances utilizing?


equity competition

nonprice competition

supply-chain marketing

price competition



Answer: price competition


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