Ryan Teed knows that domestic industrial demand is very volatile. He decided to hire a consultant to give him advice on what to do about this unacceptable situation. Which of the following would NOT be a measure put forward as a solution to combat volatile demand in the industrial goods sector?
A) Maintain a broad product line
B) Raise prices faster
C) Reduce advertising expenditures during booms
D) Ignore market share as a strategic goal, avoid layoffs, and focus on stability
E) Invest in foreign high-yield financial instruments
Correct Answer:
Verified
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