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Korolek [52]
2 years ago
14

How can u find the gross profit?​

Business
1 answer:
Volgvan2 years ago
5 0

Answer:

Gross profit margins can decline because:

1. When the industry becomes more competitive and/or the company's products have lost their competitive advantage so that the company will have to reduce prices inorder to sell more.

2. Product costs have increased. These are the cost to produce goods and services. Examples are direct labour, direct materials etc. Gross profit will decline if these increases

Declining gross profit margins are usually viewed negatively i.e the reduction in the gross profit margin is always a bad news for a company.

What causes gross profit margin to decline? - when the competition in the industry is high and the company is losing the competition in the market.

Explanation:

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3) When there are more substitutes for a product, the ________ for the product is ________. A) demand; less price elastic
balu736 [363]

Answer:

Explanation:

When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.

6 0
3 years ago
Words have the power to shape our perceptions. While negative language focuses on the problems, positive language leads to _____
Vitek1552 [10]

Answer:

Explanation:

Hehe

6 0
3 years ago
What is the definition of the word bureaucracy? question 2 options: a group of officials who help run a government or other orga
salantis [7]

In Bureaucracy, the state officials make the majority of important decisions. Option a) further explain it.

<h3>What do you mean by bureaucracy? </h3>

It is a form of government in which state officials, rather than elected representatives, make the majority of important decisions.

A bureaucracy is a group of officials who assist in the administration of a government or other organization.

Therefore, option a) explains bureaucracy.

Learn more about bureaucracy here:

brainly.com/question/423656

7 0
2 years ago
A marketing manager has planned a strategy that will require the organization to erect outposts to protect its weak front-runnin
Alexxx [7]

Answer: Flank

Explanation:

Flank defense is one of the type of marketing strategy attack which is basically adopted by the challenger organization. By using this strategy they always attack on the weakest point of the other marketing organization for the purpose of competition in the market.

Hence, the manager of the organization planned a lots of strategy to protect their firm from the flank attack. The flank defense also plays an important role for changing the current ranking position of an organization in the market.

Therefore, Flank defense is the correct answer.

4 0
3 years ago
An employee insured under a group health plan has been paying $25 monthly premium for his group health coverage. The employer ha
horrorfan [7]

Answer:

$102

Explanation:

Calculation to determine would be his maximum monthly premium for COBRA coverage

Based on the information given The employer will have to obtain a PREMIUM from the employee that was TERMINATED at a rate that is NOT HIGHER THAN 102% of the individual's GROUP PREMIUM RATE.

Hence;

Maximum monthly premium for COBRA coverage= 102% * $100

Maximum monthly premium for COBRA coverage=$102

Therefore would be his maximum monthly premium for COBRA coverage is $102

4 0
3 years ago
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