Which of the Following Is Not True About Product-Mix Decisions

question 92

Multiple Choice

Which of the following is not true about product-mix decisions?

• A)Decisions have long-run focus.
• B)Decisions have short-run focus.
• C)Managers maximize operating income.
• D)Managers analyze individual product contribution margins.
• E)Managers need to understand which products to sell and in what quantity.

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Definitions:

Decisions

Resolutions or conclusions reached after consideration or deliberation by individuals, groups, or organizations.

Action

The process or state of acting or being active; a deed or movement.

Stakeholder Theory

A management concept that asserts that the interests of all stakeholders, not just shareholders, should be considered in the decision-making process of an organization.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.