How profitable a company is ultimately depends on
A) management's evaluation of the utility of a product.
B) product utility created through advertising.
C) the value of the patents the company holds.
D) the image of the company's products in the marketplace.
E) the value customers place on the company's products.

Question

Quizplus · Accepted Answer

The value customers place on the company's products ultimately determines how profitable the company is. If customers perceive the products as valuable and are willing to pay a higher price for them, the company will generate more revenue and profit. Conversely, if customers do not see the value in the products, the company will struggle to generate profits.

How Profitable a Company Is Ultimately Depends on