Which of the Following Is a Step Managers Might Take

question 20

Multiple Choice

Which of the following is a step managers might take after identifying an unprofitable customer?

• A)Identify the reason the customer is unprofitable
• B)Work with the supplier to increase costs.
• C)Require the customer to reimburse the company for any losses attributed to the customer
• D)Eliminate customer entirely.

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Definitions:

Breach of Warranty

The failure to fulfill the terms of a promise or guarantee made regarding the condition or performance of a product or service.

Sue for Damages

The act of bringing a legal action against someone in order to seek monetary compensation for harm or injury suffered.

Breach of Warranty

A Breach of Warranty occurs when a guarantee or promise about a product or service's condition, quality, or performance is not met, leading potentially to remedies such as repair, replacement, or compensation.

Exemption Clauses

Provisions in a contract that limit or exclude one party’s liability under certain circumstances.