. Pricing is based on the amount the customer is expected to pay for the product, its perceived value, and the degree to which the price can be raised or lowered depending on:
a. market demand and competitor pricing.
b. manufacturing costs and location.
c. marketing campaigns and customer freedback.
d. wholesaler disounts and retail markup.
a. market demand and competitor pricing.
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Managing the marketing function begins with a complete analysis of the company's situation. A thorough ________ is typically undertaken to guide decision making
A) situation analysis B) internal assessment C) industry overview D) SWOT analysis E) portfolio analysis
Hosgood Distributing Inc converts its foreign subsidiary financial statements using the translation process. Their German subsidiary reported the following for 2014: revenues and expenses of 9,050,000 and 6,400,000 marks, respectively, earned or incurred evenly throughout the year, dividends of 2,000,000 marks were paid during the year. The following exchange rates are available: On January 1
2014 .................................... $.250 On December 31 . 2014 .................................. .285 Average rate for 2014 ................................. .270 Rate when dividends were declared and paid ............ .255 Translated net income for 2014 is a. $755,250. b. $715,500. c. $662,500. d. $675,750.
The financial statements of Tin Company included the following: Sales$1,000,000 Gross margin 300,000 Ending Inventory 100,000 Based on the information provided, what was the company's cost of goods sold?
A. $200,000 B. $900,000 C. $700,000 D. $600,000
A tax-free gift of up to ________ per year in 2015 can be given to another person
A) $1,000 B) $5,000 C) $14,000 D) $20,000