Which of the following is most likely to be a valid reason for initiating a price increase?
A) anticipated cost inflation
B) excess plant capacity
C) a drive to dominate the market
D) a low-cost strategy
E) a market share objective

Question

Quizplus · Accepted Answer

Anticipated cost inflation can be a valid reason for initiating a price increase as it can help the company maintain profitability and cover the increased costs of production.

Which of the Following Is Most Likely to Be a Valid