Answer:
Burberry is pursuing an umbrella strategy
Explanation:
Companies can choose three different kinds of strategies based on their strategy to offer a standard or customized product to customers with different needs
.
An umbrella branding strategy, is a marketing practice that involves many related products under a single brand name.
With the new items at an entry level, Burberry´s pricing strategy is such that it does not compromise on the quality but it does offer products at different price levels to target a variety of customers.
<span>A little over 1% of all returns are selected for audit each year.</span>
Answer:
<u>Break-even Sales:</u>
Remo Company $128,346.17
Angelo Inc. $201,649.86.
Explanation:
Break-even Sales is the dollar amount of revenue at which there will be neither Profit nor Loss. In other words, it a Point at which Contribution Margin is equal to Fixed Costs. The Formula to Calculate Break-even Sales is:
Fixed Cost / Contribution Margin Ratio
where
Contribution Margin Ratio is Sales less Variable Expenses, and expressed as a percentage of Sales.
Remo Company
Contribution Margin Ratio = 75,000 / 275,000 = 27.27%
Break-even Sales = 35,000 / .2727 = $128,346.17
Angelo Inc.
Contribution Margin Ratio = 150,000 / 275,000 = 54.55%
Break-even Sales = 110,000 / .5455 = $201,649.86.
Answer:
A) A healthy economy because it results from a steady rise in demand
Distribution channel is how you products to consumers.