a company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. the company would most likely produce shirts that will sell at a high price. be less costly to create. use a nonrenewable resource. satisfy the wants and needs of consumers.
When a company manufacturing shirts for a discount department store decides to create a new style of cotton shirt, there are several factors to consider. One of the considerations is whether the company would produce shirts that will sell at a high price or be less costly to create. Another consideration is whether the production of these shirts would use a nonrenewable resource or not. Lastly, the company should also take into account whether these shirts will satisfy the wants and needs of consumers.
In this particular scenario, where the company is manufacturing shirts for a discount department store, it is more likely that the company would aim to be a low-cost producer. This means that the company would focus on minimizing production costs in order to offer the shirts at a more affordable price for the discount store. By being a low-cost producer, the company can take advantage of economies of scale, efficient production processes, and cost-saving measures to keep the production costs low.
Additionally, while creating a new style of cotton shirts, the company would also consider the preferences and demands of consumers. This includes considering the trends, fashion preferences, and quality requirements of the target market. By understanding what consumers want and need, the company can design and produce shirts that are in line with their expectations, leading to higher customer satisfaction and potential sales.
It’s important to note that the decision to produce shirts at a high price or be less costly to create depends on several factors such as market demand, competition, target audience, and marketing strategies. Ultimately, the company will need to assess these factors and make a decision that aligns with its business goals and objectives.