Answer:
D.
Explanation:
Based on the information provided it can be said that the most incorrect statement is that Qualitative factors can be ignored because these factors are difficult to measure. Both qualitative and quantitative measures need to be taken into account, especially qualitative in a non-financial situation because the quality aspects of the items carries with it a far greater importance.
Answer:
While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company
Explanation:
Key factors in calculating the sale price can be:
- Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
- Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
- Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;
Cost-based pricing has its sub-methods such is Cost plus method
The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.
Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.
Formula: price = Direct costs + Indirect costs + Rate of profit
Answer:
Contribution margin per unit= $80
Explanation:
Giving the following information:
Unitary selling price of video game consoles $400
Unit variable costs $320
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Contribution margin= selling price - unitary variable cost
Contribution margin= 400 - 320
Contribution margin= $80
This would be (B) False, because insulates means to protect and sometime in life we all have to change, and sometimes to make it better so people would love to buy or enjoy products.
Answer:
the question is very long explain me the question then I will help
Explanation:
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