Answer:
Marketing Mix
Explanation:
According to my research on the strategic marketing planning process, I can say that based on the information provided within the question Molly is engaged in the Marketing Mix step of this process. This step focuses on Product Development, Pricing, Promotion, and Distribution. Which the ones in bold are what Molly is doing.
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Answer: See explanation
Explanation:
Price leadership is when a leading firm that is in a particular industry has enough influence such that it can determine the price of the goods in the market. There are three main models of price leadership which are the barometric price leadership, collusive price leadership and the dominant price leadership.
Barometric price leadership is when the price leader acts as the barometer of the prevailing market conditions for the other firms that are in the industry. In such case, when a company sets the price of the products, the other companies do the same.
The dominant price leadership model occurs when a firm has the large amount of market share in the industry.
Answer:
$7.2 and $10
Explanation:
The computation of the standard cost per unit for direct material and for direct labor is shown below:
Direct materials standard cost per unit is
= 3 lbs × 2.4
= $7.2
And, Direct labor standard cost per unit is
= $15 × 40 ÷ 60
= $10
All the other information which is mentioned in the question is not relevant. Hence ignored it
... the price index that will rise the fastest is; the CPI.
<em>Hope that is the question and that I have answered it. :)</em>