How does a service company calculate unit cost per service? Why do managers need to know the unit cost per service?
What will be an ideal response?
Unit cost per service is calculated by dividing total operating costs by total number of services
provided. The unit cost per service helps managers set the price of each service provided.
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You should visit New York in the winter to attend the New Year's Eve party in Time Square
A) common noun B) adjective C) proper noun D) pronoun
For the first quarter of the year, the price of the company's most popular e-reader was $129.00. The company sold 750,000 units at this price. For the second quarter, the company decided to reduce the price of the e-reader to $109.00. At this price point, the company sold 1.5 million units indicating that demand for the product is
A. elastic. B. inelastic. C. stable. D. marginal. E. unstable.
In the organizational buying process, important product or service characteristics include
A. quantity discounts, delivery time, and exclusive contracts. B. low price, buyer incentives, and post-sale service. C. delivery time, technical assistance, and postsale service. D. buyer incentives, technical assistance, and exclusive contracts. E. low price, buyer incentives, and extended contracts.
Name one country that can best be used as test market in Europe. Why? (max 120 characters)
What will be an ideal response?