Question Completion Status: QUESTION 2 20 points Save Answer Your company is under tremendous pressure from its strategy, two (2) options were identified. olders to improve its bottom line. At a management retreat to discuss business Option 1: Reduce Costs The Manufacturing people suggested that one way to improve the company's bottom line was to reduce its manufacturing costs. During the meeting suggested that by changing the raw materials used in their products from titanium to steel, they could reduce the raw material cost by 25% per unit. They also suggested that by switching from titanium to steel, they could lower their labour costs by another 15%. However, during the meeting, the marketing people suggested that if the company changed its raw material from titanium to steel, the company would have to lower its per unit selling price by 20%. Option 2: Hire a New Salesperson During the retreat, the Marketing people suggested that sales could be increased by 40% the company were to hire an additional salesperson. Question #1 What information do you need in order to determine which option the Company should pick? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y S Paragrap Arial 14px TK A V % od Blocks O WORDS POWERED BY TINY