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3 years ago

To generate higher profit margins, producers must work to

Business

2 answers:

Aleksandr-060686 [28]3 years ago

5 0

Answer:decrease their production cost

Explanation:because decreasing their costs would mean they will use less money on their product and people will buy it more often

dusya [7]3 years ago

4 0

Answer:

Decrease their production costs.

Explanation:

Profit margin is the ratio of gross profit to net sales expressed as a percentage. This measures how an entity is able to control its cost and can be used as inter-corporation comparison for entities in the same industry .

The cost of goods sold is subtracted from the net sales to obtain gross profit. The gross profit is in turn divided by the net sales and expressed as a percentage to obtain the profit margin.

When the cost of production is reduced or decreased, the gross profit which form the numerator of the profit margin fraction will increase and with an increase in the numerator the profit margin will go up, all things being equal.

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Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer eq

ella [17]

Answer:

$80,000

Explanation:

Given that at the end of each quarter, William corporation will purchase 100,000 Swiss francs worth of computer equipment for next 2 years. A local high school will still purchase this computer equipment at $89,000 each quarter for the next 2 years.

This means, we have the following:

Cost of purchase = 100,000 * number of quaters = 100,000 * 8 = 800,000

Convert to USD at an exchange rate of $0.79 = 800,000 * 0.79 = $632,000

Cost of purchase in USD = $632,000

Also, find the revenue generated after selling the computer equipments to the high school.

Revenue generated = $89,000 * number of quaters = $89,000 * 8 = $712,000

Williams' profit or loss would be calculated using the following:

Profit(loss) = Revenue generated - Cost of purchase

= $712,000 - $632,000

= $80,000

Since we have a positive value, Williams would make a profit of $80,000 through out the life of the contract.

4 0

3 years ago

Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for

Mashcka [7]

Answer:

D. a marketing strategy.

Explanation:

Marketing strategy: It is long term approach to develop or penetrate market. Every stage of product life cycle require different marketing strategy. There are different analysis been done to come out with one marketing strategy that will help the company to achieve their primary objective. Strategy for marketing mix, such as product, prices, distribution and promotion are one of the most important strategy to tap the market and gain competitive advantage.

In the given case, Juan and his colleagues have developed a marketing strategy to gain more market share in their target market and how they can gain competitive advantage.

3 0

3 years ago

Within a PPF framework, explain each of the following: (a) a disagreement between a person who favors more domes-tic welfare spe

arsen [322]

Answer:

A. Movement on the PPC

B. Rightwards / Outwards shift of PPC

C. Less Concavity of PPC

Explanation:

Production Possibility Curve is combination of two goods that an economy can produce, given resources & technology (efficient utilisation).

It is a downward sloping curve as more of one good can be produced by sacrifising other good, same resources & technology.
It is concave curve because of increasing marginal opportunity cost, i.e increasing amounts of a good to be sacrifised to gain additional amount of other good, as resources are not equally efficient in production of both goods.
Points on PPC reflect full utilisation, points under PPC reflect under utilisation, points above PPC are unattainable.

a) A disagreement between persons favouring more domestic welfare spending or national welfare spending : Is just an issue of reallocation of same resources, technology. So, PPC doesn't change & there can only be movement on the PPC (more of one good, less of other good)

b) An increase in population : leads to increase in human resource & hence the PPC shifts outwards / rightwards as the production potential of economy rise with more human resource.

c) Technological change that make resources less specialised : would reduce resources' efficiency gap in production of two goods. So, Marginal Opportunity cost reduces & hence the PPC becomes less concave.

6 0

3 years ago

the amount of goods and services produced by an economy divided by the amount of resources used to make those goods and services

Elenna [48]

Gross dometic product

3 0

3 years ago

It's easier to eliminate negative self talk when we are:

Leokris [45]

I think the answer would be alone

6 0

3 years ago