The tool that can be used to easily calculate the change in profit resulting from a change in sales price, sales volume, variable costs, or fixed costs is The CVP analysis. This is further explained below.
<h3>What is
CVP analysis?</h3>
Generally, Changes in both variable and fixed expenses may have a significant impact on a company's bottom line, and a cost-volume-profit (CVP) analysis can help you understand the relationship between the two.
In conclusion, The CVP analysis is a tool that may be used to quickly determine the change in profit brought on by a change in sales price, sales volume, variable costs, or fixed costs.
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Answer: Puffery.
Explanation:
Puffery in advertising occurs, when a marketer over exaggerates the qualities that his product possesses, and the consumer can easily notice that the marketer is simply exaggerating. An example of puffery is when a phone seller tells a buyer, that his phones has the ability to last forever.
Answer:
engage in management openness by encouraging members to voice their opinion.
Explanation:
An important characteristic of management is approachability and openness of the manager to ideas of employees. This gives the manager an idea of the actual state of the workplace facilitating effective resolution of issues as they arise.
When employees know they can freely express themselves without being reprimanded, they better express themselves about challenges encountered.
Also opportunities and methods of doing things better is communicated to the manager
In order to calculate<span> the percent rise or </span>percentage increase, we should calcualte the difference (increase) <span>between the two numbers/prices: $4 and 2$.
4-2=$2
Then we should divide the </span>increase<span> by the original number and multiply the answer by 100.
2/2*100=1*100%
So, if l</span><span>ast year a pineapple cost $2, and this year it costs $4, there has been a 100 percent rise in the price of the pineapple over a one-year period.</span>
Answer:
The desk clerk should offer the guest the use of the lobby wireless, which the clerk knows to be problem-free, along with a discount.
Explanation: in other to maintain the guest's cluster of satisfactions, The guest clerk should make sure that things are put in place for the guest satisfaction.