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Choose the correct option to fill in the blank.
The company's profits have ________ since the new marketing strategy was implemented.
  • a)
    plummeted
  • b)
    stagnated
  • c)
    soared
  • d)
    dwindled
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Choose the correct option to fill in the blank.The company's profits h...
'Soared' means to increase rapidly, fitting the context of rising profits.
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Most Upvoted Answer
Choose the correct option to fill in the blank.The company's profits h...
Understanding the Context
The sentence provided discusses the impact of a new marketing strategy on a company's profits. The correct word to fill in the blank must logically convey how the profits have changed as a result of this strategy.
Analyzing the Options
- a) plummeted: This implies a sudden and steep decline in profits. If this were true, it would suggest that the marketing strategy was ineffective or harmful, which may not be the intended meaning.
- b) stagnated: This means that the profits have remained unchanged. While this could be a possible outcome, it does not indicate a positive effect from the marketing strategy.
- c) soared: This indicates a significant increase in profits. If the new marketing strategy was successful, then it would make sense that profits would rise dramatically, making this the most appropriate choice.
- d) dwindled: This suggests a gradual decrease in profits. Similar to "plummeted," it indicates a negative result from the marketing strategy.
Conclusion
The best option is c) soared because it positively reflects the effectiveness of the new marketing strategy, suggesting that the company has experienced substantial growth in profits. This aligns with the context that a successful strategy would lead to increased profitability.
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