The Eliminating of an Unprofitable Product Line May Actually Decrease

question 128

True/False

The eliminating of an unprofitable product line may actually decrease total company net income.

---

Definitions:

Critical Thinking

The goal of critically examining and assessing a problem to reach a conclusion.

Double-Check

The act of verifying or validating information, data, or procedures twice to ensure accuracy or correctness.

Sommelier

A trained and knowledgeable wine professional, often found in fine dining establishments, who specializes in all aspects of wine service as well as wine and food pairing.

Legal Setting

The structured environment in which legal processes and matters are conducted, including courts, law firms, and legislative bodies.