Answer:
Mark-up =22.64%
Explanation:
Profit = Return on Investment (%) × assets\
Profit = 25% × 700,000 = 175,000
Total variable cost = (4.60+ 1.88+ 1.13+ 4.50 )× 60,000= 726600
Total cost = Total variable cost + total fixed cost
= 726600 + 38,700+ 7,500= 772800
Mark-up = profit/cost × 100
= 175,000/726,600 × 100 = 22.64%
Mark-up =22.64%
A marketer is a person whose primary responsibility is to promote and sell the products and services produced by a manufacturer.
The two key questions the marketer needs to ask are:
- <em>how do potential buyers go about making purchase decisions?</em>
- <em>how do potential buyers go about making purchase decisions?What influences a potential buyer's decision process and in what way?</em>
1. A marketer is responsible for making research and determining how potential buyers make decision on the choice of product to purchases.
2. The marketer also think about what factors influence the decision making of the buyer and the decisions no are taken.
Therefore, the marketer works on those two questions in order to ensure increase in sales and profit if the manufacturer.
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.................... to ensure she gets a greater MARKET SHARE,..........
Market share refers to to the portion or the percentage of the market that a particular company controls.
The owner of the door gift shop sends new collection postcards to her customers in order to increase her market share.
Answer:
When you see the operations of an organization, it is composed of different factors, one of them is the decision process because people who have obligations must have the ability to make the best decisions, then each person in the organization is in the role which should know the functions they fulfill and therefore, must always keep updating their capabilities and finally, the processes are very relevant because the definition of each of the processes efficiently, makes the organization controls are complied with if These are not efficient, there would be a failure in what the objectives are.