List three questions managers should consider when deciding whether to drop a product or a business segment

What will be an ideal response

1. Does the product or segment provide a positive contribution margin?
2. Will fixed costs continue to exist even if the company drops the product or segment?
3. Are there any direct fixed costs that can be avoided if the company drops the product or segment?
4. Will dropping the product or segment affect sales of the company's other products?
5. What would the company do with the fixed manufacturing capacity or store space?

Business

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A fixed exchange rate system is supported by monetary _____ while the floating exchange rate system supports the monetary _____ argument.

Fill in the blank(s) with the appropriate word(s).

Business

Discuss six approaches that are used by companies now to stimulate innovation

What will be an ideal response?

Business