A law requiring nutritional information on the outside packaging of food products is what type of force in the external marketing environment?
A. Consumer goods
B. Regulatory and legal
C. Economic
D. Sociocultural
E. Competitive
Answer: B
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Explain the impact of factor price equalization on factor prices between nations
What will be an ideal response?
What is the client-server model?
Kaitlin manages the organization’s employee-related actions to ensure compliance with equal opportunity laws and regulations as well as organizational affirmative action plans. Part of her job also involves managing diverse groups of people within the organization. Kaitlin’s human resource management specialty is ______.
A. training and development B. compensation and benefits C. the legal environment D. ethics and sustainability
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.)
Kerr 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 $800 per unit. The company has $3,000,000 in average assets, and the desired profit is a return of 7% on assets. Assume all products produced are sold. The company provides the following information:
A) reduction in variable cost per unit by $725.00
B) reduction in variable cost per unit by $75.00
C) reduction in variable cost per unit by $45.00
D) reduction in variable cost per unit by $47.10