What does, "What are two ways you might use to increase profits once your stained glass window factory is established? Please include what problems you can anticipate from each decision." mean?
You can increase profits by
1) charging higher prices for the windows
2) selling more windows
Please keep the same name for your posts.
Ok I will try, but what are some problems that I can anticipate with these decisions?
It's your turn to think. What do YOU think some of the problems might be?
Well if I put a higher charge on the windows then people won't really buy it if they don't have the kind of money. And if I sold more windows then the demand will be low instead if high.
Great! I knew you could do it!
It is just because this question is one of the easier ones unlike the one from yesterday :)
The question is asking for two potential strategies you could use to increase profits for your stained glass window factory after it has been set up. It also requires you to mention the potential problems or challenges you might encounter with each strategy.
In other words, the question is asking you to think about different approaches you could take to improve the profitability of your factory, and also consider the potential drawbacks or obstacles that could arise from implementing those approaches.
To answer the question, you need to come up with two distinct strategies and discuss the problems that may arise from each approach.