Wherever possible,a company should consider ways to meet higher costs or demand by raising prices.

Name: Wherever possible,a company should consider ways to meet higher costs or demand by raising prices.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

Raising prices is just one strategy among many to meet higher costs or demand. Companies should also consider improving efficiency, reducing costs, diversifying products or services, and exploring new markets to maintain competitiveness and customer satisfaction.

Wherever Possible,a Company Should Consider Ways to Meet Higher Costs