Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;
- As a result of poor demand for the products
- It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.
- This can be due to the small price margin or the price competition from other manufacturers.
- Losses encountered via the issue of Private Label
- Poor marketing and advertisement strategy and poor budget allocation for it.
Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.
It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.
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Answer: The marginal utility is 2
Explanation:
Utility is the satisfaction derived from the consumption of a particular commodity. Total utility is the total satisfaction derived from the consumption of a particular commodity. Marginal utility is the extra satisfaction that a consumer gets from consuming a product. Utility is measured in utils.
Marginal utility increases with an extra consumption of a good at first but later it begins to reduce as the extra good consumed doesn't really have give the consumer enough satisfaction anymore.
Regarding the question, eating 5 hotdogs gives 40 utils and eating 6 hotdogs gives 42 utils.
The marginal utility is the extra utils which will be 42-40 which gives 2 utils.
Effect happens when the place a product was manufactured influences how consumers perceive the product. Country of Origin
What benefits do consumer product firms derive by marketing internationally?
Competition with other companies can be maintained. Sales and profits can be enhanced. Life cycles of products can be extended.
Country of origin:
Country of origin represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. For multinational brands, CO may include multiple countries within the value-creation process.
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Answer:
B. Greater efficiency
Explanation:
Efficiency, in this case, will refer to achieving the desired results with minimal or no wastage. A distribution manager has the responsibility to ensure goods get to their destination as scheduled. The manager's efficiency will be gauged by the speed, accuracy, and safety of deliveries.
Other than cost savings, the distribution manager has to aim at achieving greater efficiency. Customer service and pricing are functions of other managers.
