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pamela mae platon
on Nov 02, 2024

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ABC Company wants to increase its profitability.Which of the following would be inconsistent with the company's objective?

A) Operate more efficiently
B) Maintain price while increasing the size or amount of the product
C) Reduce costs while maintaining the quality of the product
D) Raise prices while increasing the quality of the product

Increase Profitability

Strategies or actions aimed at enhancing a company's financial gains by increasing revenue, reducing costs, or both.

Operate Efficiently

The ability of an organization to maximize outputs while minimizing inputs and waste.

Maintain Price

The strategy or practice of keeping the price of a product or service at a certain level, often to manage competition or market perception.

  • Comprehend the methodologies and goals underpinning various pricing strategies.
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TZ
Theodore ZetochaNov 03, 2024
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