Currently the cost structure is such that the company cannot achieve its profit objective and must cut costs. If variable costs cannot be reduced, how much reduction in fixed costs will be needed to achieve the desired target? Show all computations.
Dynamo Company is a price-taker. The company produces generators in a highly competitive market; thus, it uses target pricing. The current market price is $600 per unit. The company has $18,500,000 in average assets, and the desired profit is a return of 8% on assets. Assume all products produced are sold. The company provides the following information:
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Define internal and external recruiting, and give the advantages and disadvantages of each. Internal recruiting means making people already employed by the organization aware of job openings, often through job postings on bulletin boards, in newsletters, and on the organization's intranet.
What will be an ideal response?
Which of the following prescriptions is part of the presentation strategy?
A) Build a strong prospect base by analyzing qualified customers. B) Prepare a presale presentation plan needed to meet objectives. C) Assume a role of mentor and associate. D) Project a positive sales image. E) Focus on relationships.
Robotics supports materials management.
Answer the following statement true (T) or false (F)
Ben owns Copyshop and wants to sell Copyshop franchises throughout the United States. In doing so, Ben wants to prevent competitors from imitating the distinctive Copyshop logo and thereby misleading consumers. How can Ben protect the logo?
What will be an ideal response?