(Answered) 1. Cost cutting cannot increase profits. a. True b. False1. Cost cutting cannot increase profits….

➤ How should companies cut costs to boost profit margin without hurting growth?
Prioritize strategic and data-driven measures: map processes, identify low ROI activities, automate repetitive tasks, centralize procurement, and outsource non-core functions. Protect investments in sales, marketing, and R&D that drive growth. Track KPIs like gross margin, operating margin, and CAC versus LTV to ensure cuts increase profitability sustainably.