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When Small Manufacturing Companies Face Rapidly Increasing Raw Material Costs,they

Question 12

Multiple Choice

When small manufacturing companies face rapidly increasing raw material costs,they can adopt a number of strategies including:


A) pass the increasing costs along to their customers without comment.
B) absorb costs for the short term and plan for double price increases in the next pricing cycle.
C) reconsider their competitive strategy and seek a niche they can service.
D) emphasize the value their company provides customers.

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