Ask Question
BusinessBusiness
19 November, 18:26

A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what kind of decision?

+1
Answers (1)
  1. 19 November, 20:38
    0
    Keep-or-drop decision

    Explanation:

    Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.

    Therefore, manager takes a keep-or-drop decision.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what kind of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In the micro frame analysis of intercultural conflict, you focus on
Answers (1)
Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $85, and the book value per share is $8. The company also has two bond issues outstanding.
Answers (1)
Assume that the commercial banking system has checkable deposits of $10 billion and excess reserves of $1 billion at a time when the reserve requirement is 20 percent.
Answers (1)
On December 1, 2020, Coronado Industries acquired new equipment in exchange for old equipment that it had acquired in 2017. The old equipment was purchased for $219000 and had a book value of $84600.
Answers (1)
After identifying various market segments that her company could pursue, Lisa evaluated each segmentâs attractiveness based on size, income, and accessibility. Lisa was involved in: A) diversification. B) market penetration estimation.
Answers (1)
New Questions in Business
What is the Present Value of the following cash flows at an interest rate of 7% AER? A.) $900 received one year from now. B.) $900 received 10 years from now. C.) $900 received each year beginning 1 year from now and ending in 10 years. D.
Answers (1)
Which of the following statements is true? A. If a department head is ethical, then the entire department is ethical. B. Under the formal ethical code, police officers can accept gratuities from business owners as long as they follow specific rules.
Answers (1)
When discussing the balance of trade, which of the following is an umbrella statistic that encompasses the other three?
Answers (1)
Castillo Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $81,000; service cost, $18,600; interest cost, $5,600; benefits paid for the year, $9,600; ending PBO, $95,600;
Answers (1)
Tina Dooley, a salesperson, ordered this listing in the real estate section of the local phone directory: Tina Dooley, Real Estate Salesperson, Residential Property My Specialty." What additional information must be included
Answers (1)
Home » Business » A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what kind of decision?
Sign Up Forgot Password?