The answer to the question above is "evaluation of alternatives" which is the step when a consumer arms with information and narrows down his/her choices by comparing the pros and cons of each remaining option. There is several steps of consumers decision making process. This step is the third step in the process.
In the make-to-stock orientation accurately forecasting the number of finished goods needed is likely to be the most important for a firm's financial performance.
In the make-to-stock, the consumers demand is accurately predicted and only that amount of goods are produced and distributed. Make to stock market orientation is accurately forecasting the number of finished goods that are being demanded by consumers which is most important for a firm's financial performance.
Make-to-stock (MTS) is a manufacturing strategy in which manufacturing making plans and manufacturing schedules are based totally on forecasted product demand. merchandise made all through one manufacturing period is used to meet orders made in the next production period.
Make to order (MTO), or made to order, is a business production strategy that generally allows purchasers to buy merchandise that is customized to their specifications. the producing manner of an MTO object starts simplest after a confirmed customer order is obtained.
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When a good does not have a price attached to it. It would seem that the logic behind this is by not attaching a price goods are more widely availible
Answer:
76.3%
Explanation:
Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.
Gross profit margin = (gross profit ÷ net sales) * 100
Gross profit = $3,320
Net sales = $4,350
Gross profit margin = ($3,320÷$4,350) * 100
0.763 * 100 = 76.3%