Which of the Following Factors Increases Pressures for Cost Reductions

question 19

Multiple Choice

Which of the following factors increases pressures for cost reductions?

• A) Differences in distribution channels between home and foreign markets are modest.
• B) Increasing national wealth is expanding the market.
• C) The product has great transportation needs.
• D) The product has high switching costs.
• E) Differentiation on nonprice factors is difficult, and price is the main competitive weapon in a market.

---

Definitions:

Minorities

Minorities refer to groups of people who are differentiated from the social majority based on ethnicity, race, religion, or other factors, and who may face varying degrees of socio-economic or political marginalization.

Foreign Born

Individuals who were born outside the country of their current residence.

Graduate Programs

Advanced academic degrees pursued after completing an undergraduate degree, such as master's and doctoral degrees.

Undergraduate Programs

Educational programs offered by colleges and universities that lead to a bachelor's degree or equivalent qualifications.