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Antonio owns a local men's clothing store. In the face of increasing competition, Antonio has tried several tactics: aggressively promoting price-slashing sales to drive his competitors' customers to his doors; attempting to cut costs by leveling out sales and inventory through seasonal sales; and lining up contracts with wholesalers in advance of seasonal rushes (e.g., summer swimwear) to prevent inventory depletion. None of these tactics has been successful. Now, Antonio is considering a deviation from his current business to one that might be more suitable, perhaps a formal wear/tuxedo rental and retail shop or a boutique Western wear store. Swen is using __________ as his final tactic to save his business.

Sagot :

ayokenny2001

The final tactic that Antonio is using to save his business is called domain selection.

What is domain selection?

Domain Selection means entering an existing market with existing expertise. It refers to  the diversification of an investment in a different product, business or area.

Business or companies employ the domain selection basically to try other avenue for their business progress rather than continuing on the initial businesses that they engage in.

Hence, Antonio is making use of domain selection in order to save his business.

Learn more about domain selection here: https://brainly.com/question/1364836

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