Which of the Following Is a Way for a Company

question 50

Multiple Choice

Which of the following is a way for a company to double its profits?

• A) increase the prices on its existing products
• B) reduce customer defections
• C) launch new products
• D) cut expenses

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Definitions:

Tons

A unit of weight equivalent to 2,000 pounds (US) or 1,000 kilograms (metric ton).

Wheat

A cereal grain that is a worldwide staple food, used to produce foods like bread, pasta, and other flour-based products.

Production Possibility Frontier

A schematic that reveals all potential highest productions for two different products, given a predefined set of resources and various factors.

Larger Oven

A reference to an increased capacity or size of an oven which can potentially enhance productivity or efficiency in cooking or baking.