Answer: C) Benchmark against local and national markets
Explanation:
This is the best answer because Solo Music Publishers is losing employees to rivals because they offer better salaries. Should they then align their salary package to that of rivals at a local and national scale, they will become more competitive and hence more attractive. Baring other factors then, they should lose no more employees based on salary structure alone.
Answer:
2,060 units
Explanation:
As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales
In the case of february, following this policy:
- Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
- Ending inventory= 0,3*2,200 (March´s sales) units= 660 units
Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and February Purchases (P) minus February Sales (S)
We want to know P ( units Purchased), so:
P= EI-SI+S= 660-600+2,000=2060 units
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
If Felipe gets his inheritance then he and Mary can clinch their deal successfully and according to the terms they have worked out so that he will owe her $99,000 and she will get this money and he will get presumably a nice house.
Given:
projected revenue of each event: 90,000
cost of each event: 40,000
weekly events: 52 events per year
Profit = Revenue - Cost
P = 90,000 - 40,000
P = 50,000 per event
Annual Profit = 50,000 per event * 52 events per year = 2,600,000
