A Company That Is Interested in Maximizing Profits Will Instruct

question 13

Multiple Choice

A company that is interested in maximizing profits will instruct its sales force to emphasize its

• A)Products with the least non-value-added activities.
• B)Oldest products.
• C)Most profitable products.
• D)None of these ans choices are correct.

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Definitions:

Productivity Decreases

A reduction in the rate at which goods or services are produced, especially in relation to the effort, resources, or costs involved.

Group Size

Refers to the number of individuals forming a team or a collective.

Piece Rate Pay Systems

Compensation structures where employees are paid a fixed rate for each unit of production completed, often used to incentivize higher productivity.

Productivity

Measures the efficiency of production output in relation to the input used within a given period, commonly assessed in workplace and economic contexts.