Which of the Following Is a Reason for a Company

question 88

Multiple Choice

Which of the following is a reason for a company to raise its prices?

• A)to balance out cost increases
• B)to win a larger share of the market
• C)to use excess capacity
• D)to boost sales volume
• E)to balance out decreasing costs

---

Definitions:

Mean

The average value in a set of numbers, calculated by dividing the sum of the numbers by the quantity of numbers.

Scale

A system of ordered marks at fixed intervals used as a reference standard in measurement.

Resistance To Change

The tendency of individuals or organizations to resist alterations in their current state or environment due to uncertainty or comfort with the status quo.

Overt And Covert

Overt refers to actions or behaviors that are open and observable, while covert implies actions or behaviors that are concealed or hidden.