{"id":56386,"date":"2024-04-16T00:43:46","date_gmt":"2024-04-16T00:43:46","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=56386"},"modified":"2024-04-16T00:43:46","modified_gmt":"2024-04-16T00:43:46","slug":"statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/","title":{"rendered":"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved."},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9787797fcd0\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Only I follows                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"true\">\r\n                    Only II follows                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Either I or II follows                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Neither I nor II follows E. Both I and II follow                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: <strong>Both I and II follow<\/strong>.<\/p>\n<p>The statement says that the sale of a particular product has gone down considerably, causing great concern to the company. This could be due to a number of factors, such as:<\/p>\n<ul>\n<li>The product is no longer meeting the needs of customers.<\/li>\n<li>The product is too expensive.<\/li>\n<li>There are better products available from competitors.<\/li>\n<li>The company&#8217;s marketing efforts are not effective.<\/li>\n<\/ul>\n<p>In <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> order to determine the cause of the decline in sales, the company <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> should make a proper study of rival products in the market. This will help them to understand what their competitors are doing well and where they are falling short. The company can then use this information to improve their own product and marketing strategies.<\/p>\n<p>In addition to making a study of rival products, the company should also consider reducing the price of their product and improving its quality. This will make the product more attractive to customers and help to increase sales.<\/p>\n<p>Therefore, both I and II follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[724],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved.\" \/>\n<meta property=\"og:description\" content=\"Subscribe on YouTube\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:43:46+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/","og_locale":"en_US","og_type":"article","og_title":"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved.","og_description":"Subscribe on YouTube","og_url":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T00:43:46+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/","url":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/","name":"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved.","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-16T00:43:46+00:00","dateModified":"2024-04-16T00:43:46+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/statement-the-sale-of-a-particular-product-has-gone-down-considerably-causing-great-concern-to-the-company-courses-of-action-i-the-company-should-make-a-proper-study-of-rival-products-in-the-mar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Competitive reasoning","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/competitive-reasoning\/"},{"@type":"ListItem","position":4,"name":"Course of action","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/competitive-reasoning\/course-of-action\/"},{"@type":"ListItem","position":5,"name":"Statement : The sale of a particular product has gone down considerably causing great concern to the company. Courses of Action : I. The company should make a proper study of rival products in the market. II. The price of the product should be reduced and quality improved."}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/56386"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=56386"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/56386\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=56386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=56386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=56386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}