Answer:
Bundling
Explanation:
Bundling a strategy in which two or more products are packaged together and sold as a single combined unit, often for a lower price than they would charge customers to buy each item separately.
This strategy has a distinct feature which entails that The products and services are usually related, but they can also consist of dissimilar items which appeal to one group of customers.
In the bundling marketing strategy, the strategy of companies offering discounts can stimulate demand, lifting revenues often at the expense of profit margins.
It enables companies roll out different productsat the same time and selling at a discounted price while still making huge profit.
Answer:
None of the choices describe offshore outsourcing.
Explanation:
Offshore outsourcing is when a company hires a third party in another country to do some tasks for the company.
Here, we are decide the best option between making the part or buying the part.
a. Make or Buy Analysis
Particulars Make amount Buy amount
Direct Materials $4.50
Direct Labor $1.00
Overhead (80% of Direct Labor) $0.80
Cost to buy <u> </u> <u>$4.70</u>
Cost per unit <u>$5.70 </u> <u>$4.70</u>
Cost Difference = $5.70 - $4.70
Cost Difference = $1.00
Therefore, the cost difference of making amount over buying amount is $1.00.
b. Because of the difference, Beto should buy the part because its cost is lesser than to make the part.
Therefore, the buying of the part is the best decision.
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Answer:
The correct answer is True.
Explanation:
In the business world, the only good thing we can get out of the times of crisis is that they give you the opportunity to reinvent your company, products or services completely, whether it is to remain competitive or to survive.
The change may come due to crisis situations, the appearance of new competitors, changes in consumer habits or tastes.
Answer:
= 12.5%
Explanation:
<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>
Profit margin ratio = Net operating profit/ Sales× 100
Industrial profit margin ratio
Net operating margin - 218,000
Net Sales - 1,750,000
Profit margin ratio
= 218,000/1,750,000 × 100
= 12.5%