Company XYZ needs to develop its bottom line for the company's offering. Which of the following strategies would be used in this scenario?
A)product
B)price
C)place
D)promotion

Question

Quizplus · Accepted Answer

The bottom line of a company refers to its profits or net income. Therefore, to develop the bottom line, the company would need to focus on increasing revenue and reducing costs. Price is a key factor that affects revenue, and adjusting the price of the company's offering can help increase revenue and thus improve the bottom line. Options A, C, and D (product, place and promotion) may also impact the revenue and profits of the company, but they do not relate directly to pricing, which is the most effective way to develop the bottom line of the company in this scenario.

Company XYZ Needs to Develop Its Bottom Line for the Company's