The calculation to determine the dollar amount of the markup per unit: Total cost per unit times markup percentage per unit.
Total cost, in economics, is the sum of all costs incurred by a company in generating a certain stage of output. Knowledge of the full fee involved in producing their output lets a business have better knowledge of their profitability and efficiency. This may allow an organization to determine whether or not they want to reevaluate their pricing approach, reduce expenses or take different steps to grow their profitability.
Markup percentage is a percent markup over the cost fee to get the promoting price and is calculated as a ratio of gross income to the price of the unit. The amount of markup allowed to the store determines the money he makes from promoting each unit of the product. Better the markup, extra the price to the purchaser, and extra the cash the store makes.
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Answer:
A) merge all demographic-based segments of markets.
Explanation:
Consumer relationship management (CRM) systems include market segmentation and analysis. The amount of information that can be gathered about existing or potential clients is enormous and CRM software helps the company to make sense of such huge data and makes it useful also. Good information that is useless is no good at all.
Answer: (C) Core competencies
Explanation:
The core competencies is the one of the type of collective skills that comprised all the advantages of the strategic business.
The concept of core competencies was introduced by the Gary hamel and the C.K prahalad. It is defined as the combination of the multiple skills and the resources which helps in the distinguish in an organization.
The following are the personal core competencies are as follows:
- The problem resolution skill
- Analytical ability
- The creating thinking
Answer:
who the hell keeps helping novice businesses people open up? - a business major - yeah the last two were too.
Explanation:
Summary? Left over cash?