Janet is providing her personal assistant services in a very competitive city. She has decided to lower her hourly rate by 10% in order to maintain all her current clients. What warning would you provide to Janet in lowering her rate? this could be perceived as offering a lower quality of service she needs to assess what this does to her net income all of the warnings noted in the options are things to consider this could increase demand for her services resulting in increasing costs

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 24CC
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Janet is providing her personal assistant services in a very competitive city. She has
decided to lower her hourly rate by 10% in order to maintain all her current clients.
What warning would you provide to Janet in lowering her rate?
this could be perceived as offering a lower quality of service
she needs to assess what this does to her net income
all of the warnings noted in the options are things to consider
this could increase demand for her services resulting in increasing costs
Transcribed Image Text:Janet is providing her personal assistant services in a very competitive city. She has decided to lower her hourly rate by 10% in order to maintain all her current clients. What warning would you provide to Janet in lowering her rate? this could be perceived as offering a lower quality of service she needs to assess what this does to her net income all of the warnings noted in the options are things to consider this could increase demand for her services resulting in increasing costs
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