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  • Exam Code: ISO-9001-Lead-Auditor
  • Exam Name: QMS ISO 9001:2015 Lead Auditor Exam
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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  • Exam Code: ISO-9001-Lead-Auditor
  • Exam Name: QMS ISO 9001:2015 Lead Auditor Exam
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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  • Exam Code: ISO-9001-Lead-Auditor
  • Exam Name: QMS ISO 9001:2015 Lead Auditor Exam
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • Software Price: $51.98
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NEW QUESTION: 3
Golden Crisp Cereals has calculated that its demand price elasticity is -1.4. It wants to expand in order to produce more cereal and hence increase its sales.
Which of the following are ways in which Golden Crisp Cereals could expand in the short run?
Select ALL that apply.
A. Build a long-term marketing strategy involving social media to boost product awareness and hence sales
B. Construct a new factory, increasing both staff within the business and the company's production capacity
C. Lease a small factory at a fixed price in order to increase production capacity
D. Invest in research and development so as to perfect the cereal-making process and maintain the company's position as a market leader
E. Lease cereal-producing equipment at a fixed price for the next six months
Answer: C,E

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