You are reevaluating the pricing policy of Fruit World,a United States restaurant supplier which imports exotic produce from Mexico and Spain.Because of increased competition,you want to promise customers that your prices are the lowest on the market.Which of the following approaches would most likely enable you to fulfill this promise with minimal impact to Fruit World's profits?
A)Increase your imports from Spain and reduce those from Mexico.
B)Increase your imports from Mexico and reduce those from Spain.
C)Drop prices equally on all your imports from both countries.
D)Eliminate imports from countries that belong to NAFTA.
E)Improve your overseas supply chain serving both countries.

Question

​You are reevaluating the pricing policy of Fruit World,a United States restaurant supplier which imports exotic produce from Mexico and Spain.Because of increased competition,you want to promise customers that your prices are the lowest on the market.Which of the following approaches would most likely enable you to fulfill this promise with minimal impact to Fruit World's profits?
A)​Increase your imports from Spain and reduce those from Mexico.
B)​Increase your imports from Mexico and reduce those from Spain.
C)​Drop prices equally on all your imports from both countries.
D)​Eliminate imports from countries that belong to NAFTA.
E)​Improve your overseas supply chain serving both countries.

Quizplus · Accepted Answer

The Answer of ​You are reevaluating the pricing policy of Fruit World,a United States restaurant supplier which imports exotic produce from Mexico and Spain.Because of increased competition,you want to promise customers that your prices are the lowest on the market.Which of the following approaches would most likely enable you to fulfill this promise with minimal impact to Fruit World's profits?
A)​Increase your imports from Spain and reduce those from Mexico.
B)​Increase your imports from Mexico and reduce those from Spain.
C)​Drop prices equally on all your imports from both countries.
D)​Eliminate imports from countries that belong to NAFTA.
E)​Improve your overseas supply chain serving both countries.

​You Are Reevaluating the Pricing Policy of Fruit World,a United

You Are Reevaluating the Pricing Policy of Fruit World,a United