Some Companies Follow a Strategy of Sales Maximization

question 173

Essay

Some companies follow a strategy of sales maximization.They say that this puts them in close touch with their customers and they can better track the market, responding to needs more quickly.However, this increases costs because of the need to stock a wider variety of parts and sizes and colors, etc.What would make this strategy a profit-maximizing one?

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Definitions:

Parking Brake Cable

A component in vehicles that connects the parking brake lever to the parking brake mechanism, allowing the driver to engage the brake manually.

Adjusting Screw

A type of screw used to make precise adjustments to the position, tension, or pressure of components in various mechanisms.

Duo-servo Type Brake

A brake system design where the brake shoes both push against each other and the drum, increasing braking force through a self-energizing effect.

Shoe

A type of footwear designed to protect and comfort the human foot.