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aleksandrvk [35]
3 years ago
15

Suppose a firm manager has a base salary of $85,000 and earns 0.5 percent of all sales. Determine the manager's income if revenu

es are $2,000,000 and profits are $500,000. Multiple Choice $170,000 $50,000 $95,000 $87,500
Business
1 answer:
VikaD [51]3 years ago
6 0

Answer:

The manager's income if revenues are $2,000,000 and profits are $500,000: $95,000

Explanation:

The firm manager earns 0.5 percent of all sales. If revenues are $2,000,000 and profits are $500,000,

The firm manager earns from sales = $2,000,000 x 0.5% = $10,000

The manager has a base salary of $85,000

The manager's income = manager 's base salary + earns from sales = $85,000 + $10,000 = $95,000

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olga_2 [115]

Answer:

d) communicate value

Explanation:

the question was missing the options:

a) deliver value

b) forecast value

c) explain value

d) communicate value

In marketing, communicate value refers to getting your customers  (potential in this case), to believe that they are getting a good deal when they purchase your products or services. We all assign come type of value to our purchase decisions, and when we assign a higher value than its to a product, we as customers get customer surplus. The higher the value that our customers believe that our product is worth, the more they will be willing to pay for it. When customers feel that our product is not worth its price, then they will simply stop purchasing it.  

6 0
3 years ago
Strategically thinking, why might management opt for other than the most economical choice
Anton [14]

Answer:

Management might opt for other than the most economical choice because:

- Controlling. E.g. Franchise can be helpful to increase earnings fast but the uncertainly of quality supplied by franchisees can hurt a firm in the long run.

- Branding. E.g. Some firms have a reputation for their hand-made products. Industrialized production can reduce cost per unit and increase productivity but the brand surely is affected.

Explanation:

6 0
3 years ago
Jan and Kyle sign a contract that provides if a dispute arises, they will submit to arbitration. A dispute arises, but before it
elena-14-01-66 [18.8K]

Answer:

D. Order the parties to arbitrate

Explanation:

Under an arbitration agreement, the parties to such a contract mutually agree to settling future disputes outside court.

Like every contract, such a contract is legally binding and the terms cannot be revoked by one of the parties later. The parties are bound by arbitration in such cases, as is mutually agreed initially.

As per the facts of the case, such an arbitration agreement has been entered into by Jan and Kyle, wherein it was mutually agreed to settle outside court, in the event of a dispute. When the said dispute arose, Jan filed a suit against Kyle.

In such a scenario, the court will likely D. Order the parties to arbitrate.

6 0
3 years ago
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blondinia [14]
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3 years ago
What is the cash flow equation?
aksik [14]
Cash flow=net income+non-cash expenses-increase in working capital.
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3 years ago
Read 2 more answers
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