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If the line graph indicates a sharp decline in sales for Product B in the last q
Practice Questions
Q1
If the line graph indicates a sharp decline in sales for Product B in the last quarter, what could be a possible inference?
Increased competition
Improved marketing
Seasonal demand
Product discontinuation
Questions & Step-by-Step Solutions
If the line graph indicates a sharp decline in sales for Product B in the last quarter, what could be a possible inference?
Steps
Concepts
Step 1: Look at the line graph and identify the sharp decline in sales for Product B in the last quarter.
Step 2: Consider what factors could cause a decline in sales, such as competition, changes in consumer preferences, or economic conditions.
Step 3: Think about the possibility of increased competition, which could mean that other products are attracting customers away from Product B.
Step 4: Conclude that the sharp decline in sales may suggest that Product B is losing market share due to these competitive factors.
Sales Trends Analysis
– Understanding how to interpret changes in sales data over time.
Market Competition
– Recognizing the impact of competitors on a product's sales performance.
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