Companies that are well managed can prosper during difficult economic times by depending on ________.
A)government bailouts
B)filing for bankruptcy
C)raising prices
D)a loyal customer base

Question

Quizplus · Accepted Answer

A loyal customer base can provide a steady source of revenue and even generate positive word of mouth recommendations, which can attract new customers. This can help companies weather economic downturns and potentially even increase market share. Depending on government bailouts or resorting to bankruptcy may not be sustainable or viable options in the long run, and raising prices may be difficult during tough economic times when consumers may have less disposable income.

Companies That Are Well Managed Can Prosper During Difficult Economic