Select the correct answer. Carlos notices that his company profits have dropped considerably over the past three years. He realizes that some of his products are no longer profitable in the extremely competitive global market. What strategy can he adopt to revive company profits without hurting the company's reputation? A. shut down company operations for three months B. increase the employees' working hours C. expand the profitable departments and close down unprofitable ones D. reduce employee salaries
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Select the correct answer. Carlos notices that his company profits have dropped considerably over the past three years. He realizes that ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When the excess capacity of business expands unintentionally, aggregate: demand will increase supply will decrease?
Answers (1)
A (n) combines electronic machines and computer-integrated manufacturing in a single production system.
Answers (1)
A firm that must invest in new information systems capabilities in order to comply with federal legislation can be said to be investing to achieve which business objective?
Answers (1)
According to David Ricardo, increases in government spending unaccompanied by tax increases will not necessarily increase aggregate demand because a. consumers will consume less and save more to prepare for increased taxes in the future. b.
Answers (1)
A firm operated at 80% of capacity for the past year, during which fixed costs were $330,000, variable costs were 70% of sales, and sales were $1,000,000. operating profit (loss) was a. $670,000 b. $370,000 c. $140,000 d. $ (30,000)
Answers (1)
New Questions in Business
According to cox and demmitt, the single largest expense for wives who return to work is:
Answers (1)
The local government relies mostly on revenue from -Medicare taxes -property taxes -income taxes -interest from savings accounts
Answers (1)
Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.
Answers (1)
A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.
Answers (1)
On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.
Answers (1)