A limitation of revenue-oriented pricing is that it does not focus on maximizing the surplus of income over costs.
*Revenue-oriented pricing (also known as profit- oriented pricing or cost based pricing) where the marketer seeks to maximize the profits (i.e. the surplus income over costs) or simply to cover costs and break even.
* It is plan that focuses on increasing company income by maximizing both short and long term sales potential.
*Having a dedicated strategy of this kind is critical, as it is near impossible to grow revenue without a documented plan of action.
The only limitation is it focuses on maximizing the surplus of income over costs.
Learn more about revenue oriented pricing here
brainly.com/question/15417881
#SPJ4
Answer:
a) $425,320,48
b) $177,494,02
Explanation:
The avoidable interest = $425,320,48
The Depreciation Expense= $177,494,02.
Kindly go through the attached file to see the step by step approach that yielded the answers from the question.
To display his present use of capital statements, the farmer will create simple financial accounts.
<h3>What exactly are financial statements?</h3>
Financial statements are official records of a person, business, or other entity's financial situation and actions. The presentation of pertinent financial data is organized and presented in an understandable style.
- The balance sheet,
- income statement, and
- cash flow statements
all provide distinct facts with associated data. The three statements are taken as a whole to offer a complete picture of the company's operational activity.
Thus,
Framer will make basic financial statements to showcase his assets and capital
Learn more about the financial statements:
brainly.com/question/14951563
#SPJ1
Specialization in production will increase output.
As any specialization in production will be achieved by specialized labor or technology, both the factor will produce per unit time and gives a comparative advantage.
Specialization is a production method that focuses on the production of a limited range of goods for a company to achieve a higher level of efficiency.
The more they focus on their work, the more efficient they are in that work. This means less time and money is spent producing goods. In other words, you can produce more goods in the same amount of time and money.
Learn more about Specialization in production here:brainly.com/question/24448534
#SPJ4
Answer: The company is using the <em><u>comparative approach </u></em>to <u><em>evaluate the individual performances and thus seeking to develop some ranking of the individuals within a work group to identify the best performer.</em></u>
<u><em>Comparative approach concern with ranking an worker/individual performance with respect to that of others individual. </em></u>