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 ________.
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 _________.