If the line graph shows a downward trend for Product B, what strategy might the

Practice Questions

Q1
If the line graph shows a downward trend for Product B, what strategy might the company consider?
  1. Increase prices
  2. Enhance marketing efforts
  3. Reduce production
  4. Discontinue the product

Questions & Step-by-Step Solutions

If the line graph shows a downward trend for Product B, what strategy might the company consider?
  • Step 1: Look at the line graph to see that Product B's sales are decreasing over time.
  • Step 2: Understand that a downward trend means fewer people are buying Product B.
  • Step 3: Consider ways to attract more customers to Product B.
  • Step 4: One possible strategy is to enhance marketing efforts, which means promoting Product B more effectively.
  • Step 5: Think about different marketing methods, like social media ads, discounts, or special promotions to increase interest.
  • Trend Analysis – Understanding how to interpret a downward trend in sales and its implications for business strategy.
  • Marketing Strategies – Identifying potential marketing strategies that could be employed to improve sales performance.
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