All of the Following Are Good Strategies for an Organisation

question 48

Multiple Choice

All of the following are good strategies for an organisation to reduce risk on behalf of its customers except:

• A)giving a guarantee or a warranty
• B)lowering the price of the service
• C)giving out more information on the services offered
• D)spending money on the branding of the company
• E)managing the physical evidence of the company effectively

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Definitions:

Accounting Ratios

Quantitative metrics derived from financial statements, used to evaluate a company's financial health and performance.

Current Ratios

The liquidity ratio that provides insight into a company's capability in covering its short-term obligations with its short-term assets, essentially the same as the current ratio but rephrased.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Financial Problems

Issues related to managing money, including difficulties in generating income, managing expenses, or meeting financial obligations.