1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena55 [62]
3 years ago
7

As the marketing vice president of her firm, Jana is considering implementing a companywide pricing policy that all products mus

t achieve a target profit margin of 15 percent so the firm can achieve its overall growth objectives. What type of company objective is this?
A. Profit-orientation
B. Sales-orientation
C. Competitor-orientation
D. Customer-orientation
E. Market-orientation
Business
1 answer:
Solnce55 [7]3 years ago
4 0

Answer:

A. Profit-orientation

Explanation:

A Profit-orientation objective is a type of company objective whereby strategies are directed to focus on ensuring that a certain margin of profit is attained or achieved on the sales of the company's products or services. It involves using a pricing strategy whereby prices of products or services are set to ensure a certain amount of profit is made on every sale or on the overall sales made.

Jana's implementation of a companywide pricing policy to ensure a profit margin of 13 percent is achieved on all products, is a clear example of a <em>profit-orientation objective.</em>

You might be interested in
A(n) _______________ strategy is a competitive strategy by which a firm develops unique products or services from those of its c
Galina-37 [17]
That would be an innovation strategy.
6 0
3 years ago
A cartel differs from a monopoly in that
Lapatulllka [165]
A cartel differs from a monopoly in that B) businesses making the same product agree to limit production. A cartel is an agreement between producers of goods, usually primary products like oil or natural gas, who work together to set a price at an agreed upon price that is a distortion above of what the market's equilibrium price would be for the good without the cartel's intervention. 
6 0
2 years ago
Say the average increase in pay for non-union workers in 2011 is 2% across the U.S. If a workers' union successfully negotiates
4vir4ik [10]

Answer:

cut back the expansion of labor as a trade off between higher salaries but fewer workers.

Explanation:

If the employer believes that he is paying above average wages, he will try to reduce labor costs. Since unions are specially good in preventing massive layoffs, the other alternative left for the employer is to not hire new employees, or reduce the number of new employees that he expected to hire.

6 0
2 years ago
Which of the following scenarios illustrates the law of demand?
Genrish500 [490]

Answer:

Option B is correct.

Explanation:

In order to answer this question correctly, we first need to understand the law of demands.

Law of demands: It says that the relationship of price and quantity demanded is inversely proportional. It means if the price of a particular product goes high, then the quantity of demand will be reduced. Similarly, if the price of the product is low then the quantity of demanded will be higher.

Here,

Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.

Hence, Option B is the correct option which fulfills the law of demand.

3 0
2 years ago
Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts is $0.185

total annual cost = $3.914

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts ($0.37/2year) is $0.185

total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts ($3/24 years) is $0.125

total annual cost = $1.06

6 0
2 years ago
Other questions:
  • Hey guys its emogoth i needed to make a new one
    5·1 answer
  • The term "screen addiction" was coined specifically to address:
    8·1 answer
  • Mr. and Mrs. Anderson own three shares of Magic Tricks Corporation's common stock. The market value of the stock is $60. The And
    12·1 answer
  • The manager of a manufacturing company knows that they will need a new machine in one of their factories. The new machine will c
    6·1 answer
  • 7. Why might some construction workers be paid more than some teachers?<br>​
    7·1 answer
  • Thank yu for heping me
    12·1 answer
  • Consumer sovereignty means that legislation now protects the rights of consumers to dispose of their incomes as they see fit.
    10·1 answer
  • Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s
    15·1 answer
  • How do economic growth, full employment, price stability, and inflation indicate a nation’s economic health?
    9·1 answer
  • which one of the following is the primary determinant of a firm's cost of capital? a. cost of debt b. d/e ratio c. tax rate d. u
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!