Champ Limited is a company providing online education to school children of all the classes. Over the years, it has established a good reputation and a market share of 75%. However, in past 2 months, due to the entry of a new competitor in the same segment, the market share of the company has reduced by 20%. Identify the type of marketing factor which has adversely affected the sales of the company.

🎲 Try a Random Question  |  Total Questions in Quiz: 44  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Marketing — practice the complete quiz, review flashcards, or try a random question.


Champ Limited is a company providing online education to school children of all the classes. Over the years, it has established a good reputation and a market share of 75%. However, in past 2 months, due to the entry of a new competitor in the same segment, the market share of the company has reduced by 20%. Identify the type of marketing factor which has adversely affected the sales of the company.






ADVERTISEMENT