Final answer:
To boost a company's stock price, managerial efforts may include implementing cost-cutting measures, expanding product offerings, and improving customer service, all aimed at enhancing investor confidence and profitability.
Step-by-step explanation:
Managerial efforts to boost a company's stock price can encompass a variety of strategies, focusing on both short and long-term results. From the options provided, three notable approaches stand out:
- Implementing cost-cutting measures - Reducing company expenses can increase profits, and thereby potentially lead to a higher stock price, assuming these cuts do not negatively affect product or service quality.
- Expanding product offerings - This can attract new customers and open up additional revenue streams, which, if successful, may boost investor confidence and the stock price.
- Improving customer service - High-quality customer service can lead to customer retention and loyalty, which can in turn support sustained revenue and possibly enhance stock value.
Increasing marketing efforts could also contribute, but its impact on the stock price would largely depend on the effectiveness of the campaigns and the market's response. The overarching goal in these efforts is often to strengthen investor confidence in the company's growth prospects and profitability, which can lead to an appreciation of the stock price.