A limitation of revenue-oriented pricing is that it does not focus on maximizing the surplus of income over costs.
*Revenue-oriented pricing (also known as profit- oriented pricing or cost based pricing) where the marketer seeks to maximize the profits (i.e. the surplus income over costs) or simply to cover costs and break even.
* It is plan that focuses on increasing company income by maximizing both short and long term sales potential.
*Having a dedicated strategy of this kind is critical, as it is near impossible to grow revenue without a documented plan of action.
The only limitation is it focuses on maximizing the surplus of income over costs.
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Answer:
a. Look directly at speakers and acknowledge their comments.
Explanation:
During a discussion of concern about approaches used with aggressive patients in the Emergency Department, several staff members express concern for their safety. As a leader, the nurse manager should look directly at speakers and acknowledge their comments. As being a leader, the nurse manager should make everyone feel good where everyone should be getting a message that he or she has been properly given importance and has been listened as well. In this way, the manager will be sending a positive message for the rest of employees that the administration care about them, their feelings, safety and work environment. Consequently, they will feel motivated and be more productive as well.
Answer:
OPERATIONAL DEFINITION
Explanation:
OPERATIONAL DEFINITION
It is referred to as part of any analysis. At the time of data collection, it provides a very crystal clear definition of the process of collecting data. It strengthened decision making process on validation of any data whether the data is correct or not. This is important because data that is not suited to the analysis can lead to error in result.
Answer:
Evan's business has no credit history.
Explanation:
As Evan has just created the company, it has no record about its ability to pay debt which is important for a bank to give a loan and it will not be willing to approve it if the company has no credit history that shows that it can make the payments. Because of that, it will require Evan to assume personal liability in order to have a guarantee that the loan would be paid back.
Answer:
4.62 years
8.02%
Explanation:
The payback period is the number of years it would take the investment to recoup itself.
Payback=initial capital outlay/annual cash flow
initial capital outlay is the cost of the new machine plus installation cost minus the salvage value of the old machine.
initial capital outlay=$40,070+$1,200-$2,000=$ 39,270.00
Annual cash flow is the reduction in operating costs of $8,500 per year
payback =$ 39,270.00/$8,500.00=4.62 years
The internal rate of return is computed in the attached
