Assume a company wants to increase its profitability.Which of the following would be inconsistent with the company's objective?
A)Operate more efficiently
B)Maintain price while increasing the size or amount of the product
C)Reduce costs while maintaining the quality of the product
D)Raise prices while increasing the quality of the product

Question

Quizplus · Accepted Answer

Increasing the size or amount of the product while maintaining the same price would likely decrease profitability, as it increases costs without increasing revenue.

Assume a Company Wants to Increase Its Profitability