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2 years ago

In the five C's, how is cost different from price?

Business

2 answers:

Morgarella [4.7K]2 years ago

7 0

Answer:

D It includes all of the costs related to the product.

Explanation:

The five C's that we have are

1. compatibility: What is the relationship between the product and other products in the market , are they alike

2. Competition: what are the various compe

3. Cost: THis has to do with the monetary value in manufacturing a product, price is the the monetary value a customer is willing to pay for that product

4. Channels of distribution: Ways of selling the product

5, Clients: These are end users of the products

so the answer will be

D It includes all of the costs related to the product.

telo118 [61]2 years ago

5 0

There are five C's while the product is priced.

1. Cost - While pricing the product, the product price should include all the cost related to the product that is marketing, selling and distribution and other cost.

2. Customers - Whether the customer will be able to pay the price and is the best judge.

3. Channels of distribution - Through which mode it will reach its customers

4. Competition - which are the competitors in the market and at what price the product is sold by them.

5. Compatibility - Pricing is to be done on the basis of how much the product is compatible with its supplement products.

The correct answer is D which says that the Cost includes all the cost related to the products.

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Pete the Pizza Man produced $87,000 worth of pizzas in the past year. He paid $39,000 to employees, paid $11,000 for vegetables

Ne4ueva [31]

Answer:

$133,000

Explanation:

We can find Pete's total contribution to GDP by adding up the following numbers:

$87,000 worth of pizzas - because finished goods are part of GDP

$39,000 paid to employees - because wages are part of GDP

$5,000 paid in taxes - taxes are part of GDP because they are government revenue

$2,000 of inventories at the end of year - end-of-year inventories are included in GDP

Therefore: $87,000 + $39,000 + $5,000 + $2,000 = $133,000

the $11,000 worth of ingredients are not included in GDP because GDP only accounts for finished goods and services.

5 0

3 years ago

Importance of technology in today's industry?

Crank

Answer:

Without technology we can’t improve our life. And without improving technology we are stuck. Technology is solving all kinds of problems in the world. You can’t remove the problems, there will still be here even if you stop improving technology. And if you solve them, more problems will come. So technology is used to continuously solve problems, to improve people’s life, economy, education, and so on. What I think is that technology is one of the pillar of world development. If you remove it, everything else will fall.

3 0

3 years ago

Fitzgerald Supermarkets (FS) operates at capacity and decides to apply ABC analysis to three product lines: baked goods, milk an

Alex777 [14]

Answer:(1) Baked Goods profit $6,700, Milk and Fruit juice profit $200, Frozen Products profit $8,900 (2) Baked Goods profit $160, Milk and Fruit juice profit $2,870, Frozen Products Profit $12,860. (3) it provide insight to FS managers that Frozen Products is the most profitable among the three product lines.

Explanation:

(1) Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less : Cost of good sold 41,000. 51,000. 32,000

------------- -------------- ---------------

Gross Margin. 19,000. 15,500. 18,500

Less: Store Support. 12,300. 15,300. 9,600

----------- ------------ -------------

Profit. 6,700. 200. 8,900

------------- --------------- ----------------'

(2)

Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less Cost of good sold 41,000. 51,000. 32,000

------------- ---------------- -----------

Contribution. 19,000. 15,500. 18,500

Less Overhead

Ordering cost. 4,180. 2,280. 1,,330

Delivery&Receipt. 9,120. 4,560. 2,736

Shelf Stocking. 3,230. 2,850. 380

Customer Support & Assistant 2,310. 3,030. 1,194

------------ -------------- ------------

Profit. 160. 2,870. 12,860

------------------ ----------------- ---------------

(3) The new insight to FS managers is that Frozen Products is the most profitable among the three products lines

Workings

Ordering cost ($95 × 44) = 4,180 ($95 × 24) = 2,280 ($95 × 14) = 1,330

Delivery &Receipt ($76 × 120) = 9,120 ($76 × 60) = 4,560 ($76 × 36) = 2,736

Shelf Stocking ($19 × 170) = 3,230 ($19 × 150) = 2,850 ( $19 × 20) = 380

Customer Support &Assistant ($0.15 × 15,400) = 2,310 ($0.15 × 20,200) = 3,030 ($0.15 × 7,960)= 1,194

7 0

3 years ago

In a marketing communications mix, ________ refers to any short-term incentive that encourages the purchase or sale of a product

Irina-Kira [14]

Answer:

Sales Promotion

Explanation:

Source: Trust me bro

3 0

1 year ago

It is illegal for a government to spend money for any purpose unless a valid appropriation for that purpose exists. Does this le

mixas84 [53]

Answer:

Yes

Explanation:

it ensure good financial management as it requires a valid appropriation to spend an amount. it means the budget authority to the government is subject to a valid purpose. this legal rule helps to curtail unnecessary spending and assure that funds go where they are most needed

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3 years ago