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If the line graph shows a downward trend for Product C over several months, what
If the line graph shows a downward trend for Product C over several months, what strategy might the company consider?
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Practice Questions
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Q1
If the line graph shows a downward trend for Product C over several months, what strategy might the company consider?
Increase advertising
Reduce prices
Enhance product features
All of the above
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All these strategies could help reverse the downward trend in sales.
Questions & Step-by-step Solutions
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Q
Q: If the line graph shows a downward trend for Product C over several months, what strategy might the company consider?
Solution:
All these strategies could help reverse the downward trend in sales.
Steps: 7
Show Steps
Step 1: Analyze the reasons for the downward trend in sales of Product C.
Step 2: Gather feedback from customers to understand their needs and preferences.
Step 3: Consider improving the product based on customer feedback.
Step 4: Increase marketing efforts to raise awareness about Product C.
Step 5: Offer promotions or discounts to encourage more purchases.
Step 6: Explore new distribution channels to reach more customers.
Step 7: Monitor the results of these strategies and adjust as needed.
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