Buchanan Welders cannot raise its prices in its highly competitive industry. Which one of the following is an option if Buchanan wants to increase its productivity?
A) introduce a lower-cost model
B) emphasize the importance of quality in its sales materials
C) Exceed customers' expectations with early deliveries
D) use less expensive inputs

Question

Quizplus · Accepted Answer

Using less expensive inputs can directly increase productivity by reducing the cost of production without necessitating a price increase. This approach allows the company to maintain or improve its profit margins by decreasing the costs associated with producing its goods.

Buchanan Welders Cannot Raise Its Prices in Its Highly Competitive