It is important for an organization to formulate a ____________________ strategy in order to determine the appropriate marketing opportunities.
Fill in the blank(s) with the appropriate word(s).
marketing
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Calculate the volume(units) if a firm has a gross profit of $60 million and a margin price of $300 per unit
A) 180,000 units B) 18,000 units C) 200,000 units D) 30,000 units E) 16,000 units
The first federation of U.S. labor organizations representing unions from different occupations and industries was:
A. The American Federation of Labor. B. The Congress of Industrial Organizations. C. The Industrial Workers of the World. D. The National Labor Union.
Zervos Inc. had the following data for last year (in millions). The new CFO believes (1) that an improved inventory management system could lower the average inventory by $4,000, (2) that improvements in the credit department could reduce receivables by $2,000, and (3) that the purchasing department could negotiate better credit terms and thereby increase accounts payable by $2,000. Furthermore, she thinks that these changes would not affect either sales or the costs of goods sold. If these changes were made, by how many days would the cash conversion cycle be lowered? Do not round your intermediate calculations. OriginalRevisedAnnual sales: unchanged$117,000$117,000Cost of goods sold: unchanged$80,000$80,000Average inventory: lowered by $4,000$20,000$16,000Average receivables:
lowered by $2,000$16,000$14,000Average payables: increased by $2,000$10,000$12,000Days in year365365? A. 40.3 days B. 37.6 days C. 39.7 days D. 33.6 days E. 32.6 days
You have been provided with the following information: TotalSales$90,000Less variable expenses 54,000Contribution margin 36,000Less fixed expenses 24,000Operating profit$12,000If sales increase by 10%, what level of fixed costs will yield a 20% increase in profits?
A. $26,400. B. $14,400. C. $19,200. D. $25,200.