Since 1960, when the Central American beef market began booming, over 25% of the rainforests have been cleared for cattle grazing is a TRUE statement.
Answer:
a. The price that the company should sell the new toy at if it prices at cost plus profit at 100% profit markup is:
= $20.
b. The price that the company should sell the new toy at if it prices using competitive pricing is:
= $22.50 (average of competitors' prices)
c. The price that the company should sell the new toy at if it prices using penetration pricing is:
= $20 (lowest market price)
d. The price that the company should sell the new toy at if it prices using price skimming is:
= $25.
Explanation:
a) Data and Calculations:
Cost of producing a new toy = $10
Competitors' prices are:
Product A – $25
Product B – $20
Product C – $23
Product D– $22
Total = $90
Average price = $22.50 ($90/4)
Cost = $10
Markup 10 ($10 * 100%)
Price = $20
b) An important consideration in the pricing of products is customers' and competitors' reactions to the firm's selling price. The purpose of considering customers is to ensure that enough demand is generated to cover production cost and make profits. Competitors can wage price wars to discourage new entrants into their markets. Many pricing methods are in use, depending on the prevailing market realities.
The principle of professionalism<span> is a standard of personal conduct by a </span>professional<span>in his business dealings. While guidelines for acceptable and expected behavior vary from industry to industry, personal </span>principles<span> typically focus on </span>ethics<span>, code of conduct, appropriate personal interactions and workplace integrity.</span>
Answer:
https://youtu.be/losYWIULakA?list=PLdcBE1Yjw84fmEVLCgBYGpG8GZZJV4AuH just a song thought u might like!
Explanation:
Here are some real and immediate benefits to diversity in the workplace:
A Variety of Perspectives. Put a variety of world views into one room, and you'll come out the other side with better ideas. ...
Increased Creativity. ...
Increased Productivity. ...
Reduced Fear, Improved Performance. ...
Boost Your Brand's Reputation. ...
Global Impact.
Answer: The incorrect statement regarding relevant revenues is "past or future revenues may be relevant-"
Explanation:
Relevant revenue is one that differ between the options that are relevant to a decision. If an income will be the same regardless of the option selected, the decision has no effect on the income.
<u>So The relevant revenue is future.</u>
A past income has already happened and will be the same regardless of the decision that is made, therefore it is not relevant when making a decision.
