Answer:
$60
Explanation:
For computing the target cost, first we have to determine the profit per unit which is shown below:
= Selling price × return on sales percentage
= $80 × 25%
= $20
Now the target cost would be
= Selling price per unit - profit per unit
= $80 - $20
= $60
All other information which is given is not relevant. Hence, ignored it
Answer:
Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.
Explanation:
Answer:
use of modern technology
Explanation:
to make work and tallying
easy
Channel of distribution is the set path through which the goods are transferred from one place to another. This route can be direct or indirect is solely decided by the company to deliver the goods to the end consumers safely.
The big bulk should be broken down into different assortments so as to ease the movement of products from one place to another. The description of the products should be given clearly, place, time, quantity, etc. Information should be disseminated clearly without any errors.
Answer:
Consumer behaviour
Explanation:
Consumer behaviour is comparatively a new field of study which evolved just after the Second World War
. The sellers market has disappeared and buyers market has come up. This led to paradigm shift
of the manufacturer‘s attention from product to consumer and specially
focused on the consumer behaviour. The evaluation of marketing concept from mere selling concept to consumer
-
oriented marketing has resulted in buyer behav
i
our becoming an independent discipline. The growth of consumerism and cons
umer legislation emphasizes the
importance that is given to the consumer. Consumer behaviour is a study of how individuals make decision to spend their available resources (
time, money and effort) or consumption related aspects (W
hat they buy
? W
hen they bu
y
?
, How t
h
ey buy
? e
tc
).
The heterogeneity among people makes understanding consumer
behaviour a challenging task to marketers. Hence marketers felt the need to obtain an in
-
depth knowledge of consumers buying behaviour. Finally this knowledge acted as an imperative tool in the hands of marketers to forecast the future buying behavior of customers and devise four marketing strategies in order to create long term customer relationship.
