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3 years ago

What are the importance of gross margin pricing?

Business

2 answers:

borishaifa [10]3 years ago

4 0

Answer:

Managing gross margin helps a firm avoid problems with prices that are too low and direct costs that are too high, and hence problems with breakeven and profit. When a firm is generating adequate sales but gross margins are low, it signals an issue in one or both of these areas.

Explanation:

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JulijaS [17]3 years ago

3 0

Answer:

Companies use gross margin to measure how their production costs relate to their revenues. For example, if a company's gross margin is falling, it may strive to slash labor costs or source cheaper suppliers of materials. Alternatively, it may decide to increase prices, as a revenue increasing measure.

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When monetary authorities set interest rates, what happens to the money supply? Why is money supply important in monetary policy

Anika [276]

A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.

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3 years ago

Uneven distribution of natural resources often leads to countries trading with one another, explain how

sleet_krkn [62]

Answer:

Uneven distribution of natural resources often leads to countries trading with one another, explain how

In ancient times, trade by barter was first employed for trading as a result of uneven distribution of natural resources which calls for need for transacting with other countries. It has greatly benefited countries in such a way that it strengthens the tie between them and make wealth to be well distributed as the country with least natural resources still has something to sell to those with many. e.g Crude oil from Nigeria to other part of the world has made it easier for Nigeria and this still remains their major natural resources used in international trade for money and it has helped to boost their economy since oil was detected.

Explanation:

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3 years ago

assume the hd constructor company has a contract to construct a $4,500,00 bridge at an estimated cost of $4,000,000. the contrac

Nezavi [6.7K]

Answer:

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2 years ago

What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device

Goryan [66]

Children's construction sets is the primary product focus for the lego company.

What is the strategy of LEGO?

The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

Does LEGO use differentiation strategy?

The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
In addition to that, the company is focusing on new product development along with innovation as well.

Why is LEGO so successful?

Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
The LEGO System of Play becomes very successful and the company starts selling it to other countries.

Learn more about LEGO

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2 years ago

What types of should we learn in class 11 ?

Otrada [13]

Answer:

We can stop operating mobile phone
we can stay in our room and read
we should always be attentive

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3 years ago