Answer:
C) intrapreneur.
Explanation:
A.G. Lafley was the president and CEO of Procter and Gamble during two separate periods, 2000 to 2010 and 2013 to 2015. He is famous for his mantra that "consumer is boss" which clearly puts the company's focus on consumer satisfaction.
An intrapreneur refers to the manager of an established company that promotes innovation.
While Lafley was P&G's CEO, the greatest innovation was focusing the company's strategy on satisfying consumers. Marketing textbooks all point out that consumers are kings, that the companies exist to satisfy consumers' needs, etc., but in real life, companies rarely focus on their customers' needs. Imagine a company like P&G which is the king of convenience products basically paid little to no attention to its customers until Lafley came. Lafley is world famous for insisting that P&G and other corporations should pay attention to customers and customers responded positively to his management approach.
Personality affects all aspects of a person's performance, even how he reacts to situations on the job. This can lead to increased productivity and job satisfaction, helping your business function more efficiently.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Mettel Products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $40 each. The distributors’ margins are 25%. Mettel Products’ cost of goods sold is $10.00 each. Mettel’s total variable costs (including selling costs) are $15.00 per drive.
Selling price= 40/1.25= $32
A) Gross margin= 32 - 15= 17
%= 53%
B) Mettel is considering increasing its annual advertising spending from $75,000 to $150,000.
Break-even point= fixed costs/ contribution margin
Break-even points= 150,000/17= 8,824 units
C) Break-even points= 75,000/14= 5,357 units
