Which of the Following Scenarios Is Consistent with a Increasing

question 60

Multiple Choice

Which of the following scenarios is consistent with a increasing cost of goods sold to sales percentage and increasing inventory turnover

• A) Firm raises prices to increase its gross margin but inventory sells more slowly.
• B) Weak economic conditions lead to reduced demand for a firm's products, necessitating price reductions to move goods.
• C) Strong economic conditions lead to increased demand for a firm's products, allowing price increases.
• D) Firm shifts its product mix toward lower margin, faster moving products.

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Definitions:

Situational Favorableness

The extent to which a situation presents advantages or beneficial conditions to an individual or group.

Position Power

The authority associated with the leader’s formal position in the organization.

Emotional Control

The ability to manage and regulate one's own emotional responses.

Warm Working Relationships

professional relationships characterized by friendliness, support, and mutual respect among colleagues.