In order to increase a company's bottom line, it can
A)increase sales and expenses.
B)decrease non-value-added costs and increase value-added costs.
C)assign the same profit margin to each product.
D)increase sales and decrease costs.

Question

Quizplus · Accepted Answer

Increasing sales and decreasing costs is the most effective way to increase a company's bottom line. This can be achieved through various strategies such as improving operational efficiency, reducing waste, negotiating better deals with suppliers, and increasing price points on high-value products or services. Increasing sales alone may also increase revenue, but it may not necessarily translate to higher profits if costs are not carefully managed. Therefore, the best option is to focus on both sales growth and cost reduction to achieve a sustainable increase in bottom line.

In Order to Increase a Company's Bottom Line, It Can