Answer:
A. there is little room for price variations from the competition
Explanation:
When a company's product cannot be easily differentiated from competitors' products, it means that these companies sell homogenous products; the features and purpose are very similar to the customers and they would see little opportunity cost when they chose one over the other. The sellers are therefore price takers in the market and their sales revenues will depend on forces of demand and supply. Therefore, there is little room for price variations from their competitors.
Answer:
a quote is the authors exact words
Explanation:
Business consultant Peter Drucker said that the most important factor of production is knowledge.
Answer:
So markup percentage will be 8 % on total unit cost
Explanation:
We have given that cost base per unit including selling and administrative expenses is $60
per unit cost of selling and and administrative expenses is $15
The company desired ROI per unit is $6
We have to calculate the markup percentage on total unit cost
Markup percentage on total unit cost is given by '
markup percentage = 
So markup percentage will be 8 % on total unit cost
Answer:
B) Comprehensive Resource Management
Explanation:
Comprehensive resource management requires that you follow standard procedures in order to:
- identify requirements
- perform inventories
- ordering, storing and acquiring missing materials
- mobilize resources including personnel, equipment and supplies
It is very important that you plan how to properly plan how to effective allocate your resources.
