Rather than being controlled, dynamic processes are adaptive
Indicate whether the statement is true or false
TRUE
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In the context of SWOT analysis, strength refers to the ________
A) unique sources of advantage that the marketing plan should leverage B) circumstances that limit the company's performance and should be addressed C) potentialities that would improve profitability and should be addressed D) current and possible factors that could impede performance E) aspects of the geo-political environment that strengthen the stand of the business at present
Carolina Products Carolina Products sells a unique item with the following information available: Sales price $45 per unit Variable costs $15 per unit Fixed costs $5 per unit Units produced and sold 2,000 Refer to the Carolina Products information above. What is the contribution margin ratio?
A) 33.33% B) 66.67% C) 55.56% D) 44.44%
Preston Wade Preston Wade, a local craftsman, normally sells his handcrafted wooden birdhouses for $145 each. Preston has the capacity to produce as many as 60 birdhouses a week. In a normal week, Preston makes 20 birdhouses with the following costs per unit: Direct materials $12.00 Direct labor $15.00 Variable overhead $ 3.00 Fixed overhead $ 5.00 Refer to the Preston Wade information above
Preston has received a special order from a local plant nursery for 40 birdhouses. The nursery wishes to have the birdhouses engraved with their own logo, therefore, the order would require the rental of a special engraving tool at a cost of $250. Preston requires a minimum $2,500 profit on any special order. The minimum price per birdhouse that Preston should charge the nursery is: A) $65.00. B) $98.75. C) $95.00. D) $145.00.
What is the meaning and consequences of the question: “What is the one thing I can do this week to move this goal forward?”
What will be an ideal response?