Because of low labour costs, Chinese piano manufacturers have been able to sell instruments at prices considerably below
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Because of low labour costs, Chinese piano manufacturers have been able to sell instruments at prices considerably below
Because of low labour costs, Chinese piano manufacturers havebeen able to sell instruments at prices considerably below those oftheir competitors. Briefly discuss this strategy, describe thenature of the strategic approach that Hanjiang should adopt withits Diabelli brand, and identify any likely risks associated withthis strategy