Marketing manager analyze the demand regarding the product as well as the trend.
Explanation:
Marketing manager has to perform various responsibilities, they are as follows-
<u>Coordinates and advises various business activity</u>
A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales as well as purchase
<u>Identifying market potentials</u>
A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .
<u>Launch attractive product</u>
A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.
<u>Create a good market plan</u>
A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.
Answer:
master budget is based on one specific level of production and a flexible budget can be prepared for any production level within a relevant range.
Explanation:
A master budget is a budget that contains an aggregation of smaller level budgets into an overall single budget
A flexible budget is a budget that can be adjusted based on the activity levels of a firm.
Answer:
a. What is the MRP?
marginal revenue product = marginal product of labor x marginal revenue per output unit
MRP = 1,500 packages x $0.10 per package = $150
marginal resource cost (MRC) = $100 (the cost of renting the delivery truck)
The company should add the delivery truck because MRP is higher than MRC.
b. Now suppose that the cost of renting a vehicle doubles to $200 per day. What are the MRP and MRC in this situation?
MRP = $150 (doesn't change from question a)
MRC = $200 (the cost of renting the delivery truck)
The company should not add the delivery truck because MRP is less than MRC.
c. Next suppose that the cost of renting a vehicle falls back down to $100 per day, but, due to extremely congested freeways, an additional vehicle would only be able to deliver 750 packages per day. What are the MRP and MRC in this situation?
MRP = 750 packages x $0.10 per package = $75
MRC = $100
The company should not add the delivery truck because MRP is less than MRC.
Answer:
<h2>Employee D has the largest gross pay among all the four employees.</h2>
Explanation:
Gross pay is normally calculated by taking the sum or aggregation of the basic salary or direct job related benefits and any additional employee benefits obtained by the employee from the company.
Therefore,for employee A,total gross pay=
dollars
For employee B,total gross pay=
For employee C,total gross pay=
For employee D,total gross pay=
Therefore,based on the above calculations of gross pay of all the employees,employee D has the highest or largest gross pay which is $55,300.
