You are a business analyst who is helping the Sales department defining DonDuck's strategy on 3 products: Product 1 - Luxury product, Product 2 - mid end tier of an essential category, Product 3 - mid end tier of an essential category. Which is the best strategy to pursue (you only got approval from your management to choose one) if the target is to increase 5% the profit (Annual profit = 68000$ today) without impacting the overall image of our company's luxury products? Select 1 of the answers below









Cost per unit
price per unit
Number of units sold


Product 1
5
70
100


Product 2
1
15
1000


Product 3
0.5
10
5000





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Do a promotion of 40% off Product 1, which we know that will increase the number of sales by 4 times.
Do a promotion of 40% off in Product 3, which we know that will increase the number of sales by 83%.
Do a promotion of 5% off in Product 2, which we know that will increase the number of sales by 40%.

Shoaaa. You have posted 3 obvious homework questions. Did you read the HW posting rules? YOU need to at least try to answer, we won't do it for you.