Which one of the following is a condition that should prompt company managers to

Question

Which one of the following is a condition that should prompt company managers to consider bidding for private-label contracts in one or more geographic regions in the upcoming decision round? Data in the Benchmarking section of the prior year's FIR indicates 2 or fewer companies that sold private-label footwear in the prior year lost money on a private-label contract Data in the prior-year Competitive Intelligence Report indicates that chain retailers' demand for private-label footwear substantially exceeded the pairs companies offered to supply in two or more geographic regions All companies in the industry are producing and marketing branded footwear with the same S/Q rating No rival company had a private-label market share above 25% in the prior year The prior year's base price per pair for standard materials was $5 below the price for superior materials

Explanation / Answer

Which one of the following reasons that should prompt the company to consider bidding for private level contract in one are more geographical regions in the upcoming decision round

Correct answer is - Data in the prior-year Competitive Intelligence Reports indicates that chain retailers demand for private-level footwear substantially exceeded the pair companies offered to supply in two or more geographical regions.

Other reasons are not the valid reasons or incomplete reasons   

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