A company has done everything possible to control rising merchandise costs. To maintain its gross margin, its only alternative is to increase sales.

Name: A company has done everything possible to control rising merchandise costs. To maintain its gross margin, its only alternative is to increase sales.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Increasing sales is one option, but the company could also consider reducing other costs, raising prices, improving operational efficiency, or diversifying its product mix to maintain its gross margin.

A Company Has Done Everything Possible to Control Rising Merchandise