In monitoring sales in market tests, it is important to recognize that a large percentage of first-year factory sales represents:
A) sales to final customers.
B) one-time stocking up by channels of distribution.
C) increased growth of the product category.
D) increased growth of the product type.
B
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The Built-Rite mowing company has been selling its lawnmowers to retail outlets for years. The company has decided it wants to tap into new markets, so it is looking to sell its mowing tractors to county institutions for mowing grass along public highways. If the county institutions purchase the Built-Rite mowers, it would be an example of
A. a new buy. B. a straight rebuy. C. a first buy. D. an institutional buy. E. a modified rebuy.
The decision to accept additional business should be based on a comparison of the incremental costs of the added production with the additional revenues to be received.
Answer the following statement true (T) or false (F)
Dell Productions is a price-taker
The company produces large spools of electrical wire in a highly competitive market; thus, it uses target pricing. The current market price is $825 per unit. The company has $3,100,000 in average assets, and the desired profit is a return of 6% on assets. Assume all products produced are sold. The company provides the following information: Sales volume 100,000 units per year Variable costs $700 per unit Fixed costs $13,000,000 per year Currently the cost structure is such that the company cannot achieve its profit objective and must cut costs. If fixed costs cannot be reduced, how much reduction in variable cost per unit will be needed to achieve the desired target? (Round your answer to the nearest cent.) A) reduction in variable cost per unit by $700.00 B) reduction in variable cost per unit by $125.00 C) reduction in variable cost per unit by $5.00 D) reduction in variable cost per unit by $6.86
In carrying out their enforcement function, agencies traditionally have been accorded little discretion to compel the disclosure of information needed for an investigation
Indicate whether the statement is true or false