A business can become more competitive by
A)improving its factory decor
B)adding new products or expanding to new markets
C)lowering prices to cost on order to increase sales
D)firing employees

Question

Quizplus · Accepted Answer

Adding new products or expanding to new markets can increase a business's customer base and revenue, making it more competitive. Improving factory decor may improve the aesthetics but does not necessarily improve competitiveness. Lowering prices can attract customers but may also decrease profit margins. Firing employees can lead to a loss of skilled staff and may harm the company's reputation.

A Business Can Become More Competitive by