Explain ways firms engage in price and non-price competition… Raven Hutchins Lubitz-Period 3
Price Competition: Sprint -The Sprint phone is similar as the Verizon phone, with some of the same features but the Verizon phone is more that doubled the price.
Non-Price Competition: Burger King -This is non-price competition for Burger King, they are putting two of the top fast food restaurants in the world, up against one another to see which one you will choose.
Non-Price Competition: Pep Boys -Pep Boys’ appeals to doing all mechanic needs less than other auto mechanical shops by stating that they do everything for less.
Price Competition: Progressive -Progressive is showing that their insurance is lower than all their other competitors, so they make you want to be a member of the company.