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svet-max [94.6K]
1 year ago
14

During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?

Business
1 answer:
schepotkina [342]1 year ago
5 0

The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.

<h3>What is the maturity stage of the product life cycle?</h3>

Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.

In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.

Learn more about the product life cycle here:

brainly.com/question/15177349

#SPJ1

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Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin
saveliy_v [14]

Answer:

The selling price for Job A is $75,978.00

Explanation:

                                        Molding          Finishing          Totals

Machine hours                 4000                1000             5000

Fixed mnf. overheads      19600               2400           22000

Variable manufacturing  

Overheads per machine hours 1.1                2.1

                                                                <u>   JOB A</u>                  <u>JOB B</u>  

Direct materials                                         13,600                    7500

Direct labour costs                                    20,700                  7400

Molding machines      2700*1.1=              2,970  

Finishing        400*2.1=                               840

Fixed mnf: molding 19600*4000/5000= 15,680

Fixed mnf: finishing   2400*1000/5000= <u>  480     </u>

Total cost    (sum of all the above)            $54,270

Mark up = 40%

Mark up=gross profit (GP)*100/cost

40%= GP*100/54270

40*54270/100= GP

GP= 21,708

Sales= cost + GP  

Sales= 21,708+54,270

Sales= $75,978.00

7 0
3 years ago
After choosing among several computer server systems, the Director of Information Systems feels very positive about the final ch
Alekssandra [29.7K]

Answer:

confirmation bias

Explanation:

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or strengthens one's prior personal beliefs or hypotheses. It is a type of cognitive bias.

3 0
3 years ago
Either more sellers in the market or lower production costs can cause supply to _____ at each price level.
Otrada [13]
Increase or shift right because if the cost of production goes down then the supplier can make more products for less money therefore making the supply of a good more. if there are more supplier then the same thing happens. more product in the market. 
4 0
2 years ago
Read 2 more answers
Considering that Holmes and Balwani are the only ones charged by the SEC and the only ones facing criminal charges, what, if any
DedPeter [7]

Answer:

Explanation:

The investors, board of directors and employees for Theranos are not likely to have been completely free of fault in the more than a decade long fraud. The press has called the firm 'secretive' as it struggled to find any pertinent information about the it due to their closely guarded secrets. The firm operated a website that didn't have much on it and seemed to gag its directors, investors and others from talking to the press. These alone should have been a red flag to the investors and board. The PR person also refused interviews, neglected to answer questions about the owners/founders and turned down multiple overtures by the press to try and find out what was going on behind closed doors at Theranos. This encouraged the general perception that the firm was trying to control and minimise risk and possibly to retain an air of mystery. All of which was actually designed to hide the true workings of the firm, and this should have been questioned by all the people involved in the firm.

(Leuty, 2013)

The board as illustrious as theirs would have asked for supporting documentation and reviews for all the key aspects of the company and these would have needed to be audited periodically to ensure that the board can choose the best people in key roles and to enable good decision-making.

Investors also would have done a background check on all material aspects such as legal, ethical etc. before handing over large sums of money.

Employees involved in the actual fraud - falsifying results, using other tools to get the results that their tools were supposed to generate etc. were also aware of the issues with the firm likely from the very beginning.

All three groups possibly knew some or all of the aspects of the fraud and yet they did not come forward to disclose the same to the authorities or their customers as they should have. This points to a serious moral lapse amongst all three groups. They each as a group and as individuals in that group needed to take moral responsibility for the fraudulent activities being perpetrated by the couple. As the law goes, the prime players only end up being held accountable however it would have been ethically right for all parties that knew of the fraud to come forward and expose it.

Leaving aside the monetary considerations such as fleecing investors and customers alike, the products were related to the medical field, which above all others has a responsibility to maintain a higher standard of ethics. This fraud caused countless incorrect results that would have been used in medical therapies and diagnoses leading to wrong medication allocations and patient treatments. This in turn would have led to pain and anguish of the physical kind for so many patients, all of whom are the silent sufferers in this fraud.

Legally, pain and suffering cannot be quantified (just estimated) while this is the primary damage that the couple should have actually been charged with. This extremity of damage cannot be adequately presented in a court of law however and that brings us to discussing the morality of the situation. For all of the reasons stated above, the couple and everyone involved in enabling them in the fraud - the board of directors, employees and investors, should definitely be held accountable, if not in a court of law, then at least in the court of public opinion so that fraudsters like them do not get away without paying a price for their actions. All actions have consequences and their actions or lack there of should be accounted for.

References :

Leuty, Ron (2013) Secretive Theranos emerging (partly) from shadows. San Francisco Business Times.

6 0
3 years ago
Why should you look for information about the company’s mission and values? A. You don’t need to do that at all unless you are i
elena-14-01-66 [18.8K]

D. You should check to see if they align with yours and as a basis for a possible question

6 0
2 years ago
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