When a marketing cost analysis by products shows a net loss for one product,which of the following alternatives is management likely to adopt as a last resort?
A) Raise the price,especially if the product has an inelastic demand.
B) Drop the product from the line.
C) Redesign or repackage the product.
D) Simplify the assortment by eliminating some sizes or colors of this product.
E) Reduce the price,especially if the product has an elastic demand.
Correct Answer:
Verified
Q60: The most beneficial (to management)type of marketing
Q61: A manufacturer is likely to reduce the
Q62: One method to reduce the loss on
Q63: A company's return on investment is least
Q64: Management can increase its return on investment
Q65: A territory's return on investment is influenced
Q66: Which of the following is the best
Q68: When a marketing cost analysis by territories
Q69: A small-order problem is likely to arise
Q70: Which of the following is likely to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents