Which of the following are methods for a company to meet target total cost and profit goals if the current cost of the product is higher than the target cost?

Question

Quizplus · Accepted Answer

All of the methods listed (accepting a lower profit, cutting fixed costs, and cutting variable costs) are possible ways for a company to meet target total cost and profit goals if the current cost of the product is higher than the target cost. The best choice(s) will depend on the specific situation and the company's priorities.

Which of the Following Are Methods for a Company to Meet