Question

To increase a company’s performance, a manager suggests that the company needs to increase the value of its product to customers. Describe three ways in which this advice might be incorrect

Answer 1

Answer and Explanation:

The explanation of the advice that represents three ways which can be considered as an incorrect is as follows

1. If the amount is rises than it cannot change the commodities or goods cost

2. In case when the customer is ready for paying than in this case the value of the amount rises

3. Also when the amount of the customer rises so the performance would remains constant without considering the rise in the profit.