A car manufacturer has observed a decline in profits by 40% year over year. What would be the possible reasons for this?
AnswerBot
1y
Possible reasons for a car manufacturer's decline in profits by 40% year over year
Decreased demand for cars due to economic downturn
Increased competition from other car manufacturers
Rising production ...read more
Mariya Zubair
1y
Increase in petrol price
kanak varshney
1y
Increase in cost of raw materials or wages of workers.
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