Write an explanation of the benefits and risks of low-cost product or service offerings for a business.

Words: 140
Pages: 1
Subject: Uncategorized

Write an explanation of the benefits and risks of low-cost product or service offerings for a business. In your explanation, address the following:

Why would a company continue to offer these discounted items despite losing money on them?
Is this pricing strategy financially sustainable for the businesses?
Other than the loss of profits, what are some other possible negative consequences of businesses offering discounted products or services?

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