Fester Company was making a product for $60 and selling it for $80. A competitor began selling the same product for $68. If Fester is to meet the competition's price, and maintain the same amount of profit per unit, what is target cost?
A) $40
B) $60
C) $48
D) $17
E) $63
C
You might also like to view...
You need immediate feedback about a message, instead of using email, you should probably use ___________________
a. a text message b. a memo c. a voice recording d. the phone
In the market introduction stage
A. promotion emphasis shifts from building primary demand to stimulating selective demand. B. more competitors enter the market. C. the basic promotion objective is informing. D. mass selling and sales promotion dominate the promotion blends of consumer products firms. E. the main job is to persuade customers to buy, and keep buying, the company's product.
The sales for January, February, and March are $50,000, $80,000 and $120,000, respectively
For any particular month of sales, the following percentages are received over time in cash: 40% in cash from that same month of sales; 50% in cash from the previous month's sales; and, 10% in cash from the sales from two months ago. What amount of cash will be received during March? A) $93,000 B) $97,500 C) $108,000 D) $120,000
Which of the following best completes the sentence, ‘User content is ______ when its creation is motivated by an ______ intent on the part of its creator rather than incentivized or guided by the brand itself.’?
a. Earned, intrinsic. b. Earned, extrinsic. c. Organic, intrinsic. d. Organic, extrinsic. e. None of these.