8. award: 1 out of 1.00 point How many units are in ending work in process inventory in the first processing department at the end of the month? 500 6,800 900 300 Units in ending
Explain why perfect personalized pricing is typically more profitable than menu pricing. Why then do companies use menu pricing? Personalized pricing takes out the maximum profit from each consumer. With menu pricing, the consumers obtain surplus. If the firm tries to take out the maximum surplus from each customer by pricing menu options, some of the consumers are most likely going to select different options to obtain surplus.
P & G focuses on strategies that are precise for the long-term well-being of the business and will convey total investor return and hold the spot in the top one-third of their industry group. . P & G also intends to deliver earnings per share growth of high single digits to low double digits and to create free cash flow productivity of greater than 90%. The company’s long-term economic targets are to grow organic sales up to 2% faster than the industry market growth in geographies and categories in which the organization competes. To achieve these strategic targets, P & G plans to achieve by improving and touching the lives of more consumers, in more parts of the globe.
Outsourcing brings proven benefits in the form of economic leveraging, increase in the quality of products and it provides a number of opportunities to less developed countries. For example in recent times, Americans are overwhelmingly supporting the major retail stores like Wal-Mart, Target and K-Mart. The reason behind this consumer loyalty is that it has become much easier to shop at these locations rather than the local mom and pop stores located on the corner of most neighborhoods. The benefit is that you can purchase everything on your shopping list from one location, saving you time, money and gasoline. In a highly competitive business world, on a firm’s priority list is the subject of increasing profit and reducing cost.
Investors find this information lucrative because the more expendable cash a company has the more likely they are to pay out in dividends for the stock holders.. Liquidity Ratios: Current assets are a business's total current assets divided by its total current liabilities. Total Current Asset / Total Current liabilities 1,971,000 / 116,290 16.949 = 16.9 Current Ratio- 16.9:1 or 17:1 (16.9 to 1 or 17 to
Minimum wage worker works as an office clerk, as a hostess, cleaner. Much of what they earn goes to very essential needs like food, rent, and clothes. The price of those essential needs is growing each year. Minimum wage in a decade grew only on $1.75, which is meager when we consider real buy power of these minimum wage. Rent and utilities prices never went down, but minimum wage did.
Consumers in the Midwest pay about $70 a month for high-speed Internet. Add television service, and the cost is about $120 a month. In Provo, the costs are the same, but there is a one-time fee of $30. "Something we have noticed is that competition is good in these local markets," said Kevin Lo, general manager of Google Fiber. Google would not say how much it costs to roll out Google Fiber.
A positive effect of Kudler Fine Foods in a monopolistic market structure is that they lead in the market and can increase competition between companies and make massive profits by setting higher prices (Colander, 2010). An advantage of a monopolistic competition structure is the ability to set and manipulate product pricing with little consequence because of their strong product differentiation. A disadvantage of a monopolistic competition market is product differentiation can generate unnecessary waste, and advertising can also be considered
For example, Wal-Mart’s promise is “Always low prices”, Disney theme parks promise to “make dreams come true”. It is known by successful companies that market share and profits will increase if they take care of their customers. In the new sense, marketing is about satisfying customer needs. Marketing can be defined as the process of creating value for customers and building strong customer relationships and in return capturing value from customers. 1.2.
In fact, campaigns are not particularly costly, according to Smith (2001) with the total spending every two years on congressional campaigning amounting to roughly the cost of one home video rental per eligible voter (p. 63). At the same time Smith (2001) references to studies results which indicate that higher spending is beneficial for public knowledge of candidates and issues, without eroding public faith in government (Ch.3 pp. 39-64). Moreover, campaign expenditures could not be considered wasted, as they are used to purchase professional services and products, correspondingly rising demand for these goods, which ultimately means additional workplaces and incomes for