[Solved] Optimizing product mix can ________ the profits.

Optimizing product mix can ________ the profits.

A. minimize

B. stagnant

C. maximize

D. neither minimize nor maximize

Answer: (c) Optimizing product mix can maximize the profits.

More Questions

1. Pricing is one of the most important decision areas of ________.

2. Factors that make influence of firms decision to buy a part rather than produce it internally includes

3. If the margin of safety is _______, the form can withstand fall of sales and can continue to be in some profit.

4. Fixing ________ is a major decision taking function of any enterprise.

5. If the price is _______ the seller may not find enough number of consumers to buy his product.

6. If the price fixed is ________, the seller may not be able to cover his cost.

7. A pricing decision is one of the __________ decision that the firm has to make.

8. Pricing decisions have ________ importance in any enterprise.

9. Internal user of accounting information for decision making is ________

10. The main aim of management accounting is to help management in its functions of _________.