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Which factor requires a company to adjust its product mix to meet changing consumer preferences?
  • a)
    Profitability.
  • b)
    Competition.
  • c)
    Demand fluctuation.
  • d)
    Production costs.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which factor requires a company to adjust its product mix to meet chan...
Consumer preferences change over time, leading to fluctuations in demand that necessitate adjustments to the product mix.
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Which factor requires a company to adjust its product mix to meet changing consumer preferences?a)Profitability.b)Competition.c)Demand fluctuation.d)Production costs.Correct answer is option 'C'. Can you explain this answer?
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