Before the arrival of Joe, a new partner, sales output in Bill’s company, Midas in Revere Ltd., had been rising by10% per year on average. Innovations by Joe included computerization of technical processes and reductions in the work force, but annual sales output has only risen by5% per year. It appears that Joe’s innovations have caused the reduction in the annual growth rate.
Which of the following, if true, would most seriously weaken the conclusions above?

Question

Examsnet · Accepted Answer

Correct Answer is :  General demand for the product manufactured by the company has declined.

IBPS Clerk Mains 2019 Paper