If the line graph shows a gradual increase in sales for Product C, what strategy

Practice Questions

Q1
If the line graph shows a gradual increase in sales for Product C, what strategy might the company consider?
  1. Increase production
  2. Reduce marketing efforts
  3. Discontinue the product
  4. Increase prices

Questions & Step-by-Step Solutions

If the line graph shows a gradual increase in sales for Product C, what strategy might the company consider?
  • Step 1: Look at the line graph to see how sales for Product C are changing over time.
  • Step 2: Notice that the sales are gradually increasing, which means more people are buying Product C.
  • Step 3: Understand that an increase in sales usually means there is a growing demand for the product.
  • Step 4: Consider that if more people want to buy Product C, the company might need to produce more of it.
  • Step 5: Conclude that a good strategy for the company could be to increase production to meet this growing demand.
  • Sales Trends – Understanding how sales data reflects consumer demand over time.
  • Production Strategy – Evaluating how to adjust production levels based on sales trends.
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