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2 years ago

5

Isaac is looking for ways to offer new goods and services to his existing customers. he is pursuing a market development strateg

y.

1 answer:

I am Lyosha [343]2 years ago

7 0

False, this is a product development strategy.

A marketing development strategy finds <em>new </em>markets for <em>existing </em>products, which is the opposite of what Issac is doing.

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You are the manager of a firm that produces products X and Y at zero cost. You know that different types of consumers value your

love history [14]

Answer:

Consider the following calculations

Explanation:

a) If you charge $40 for X then everyone will buy as everyone is willing to pay atleast $40. this means all three groups buy that is 3*1000 buyers.So profit from X = 3000*40= $120,000

And since everyone is willing to willing to pay atleast $60 for Y again all three groups will buy so profit from Y =3000*60=$180,000

profits=$300,000

b) if you charge $90 and $160 for X and Y respectively you will have only 1000 buyers for each product as others are unwilling to pay this much.

So profits = 1000*90 + 1000*160=$250,000

c) for a bundle of X and Y buyers are willing to pay a total of $150, $210 and $200 across the three categories.

So everyone will buy a bundle of 1 X and 1 Y.

profits = 150*3000= $450,000

d) If you charge $210 only the second will buy as they are willing to pay that much so profits =1000*210=$210,000

Also by selling X at $90 group 1 will buy X; profits=1000*90=$90,000

and by selling Y at $160 group 3 will buy Y; profits=1000*160=$160,000

total profits =$460,000

5 0

2 years ago

Keith, a county health department worker, is creating a presentation about safe food handling practices for local restaurant wor

tatyana61 [14]

Answer:

the favorite foods of everyone in the audience

health issues that affect a majority of the audience

Explanation:

The presentation must include personal relevant data for the audience otherwise they won’t feel connected to the subject. Having this in mind Keith best approach in her presentation is to be close regarding food preferences and link them to good preparation practices in order to prevent common diseases.

5 0

2 years ago

A company manufactures components for use in producing one of its finished products. when 12,000 units are produced, the full co

Temka [501]

Cost of Making the product is as below, We shall exclude the amount of $3 per unit of fixed cost as it is not a relevant cost

Cost of Manufacturing Cost of Buying Difference

Direct Materials $5

Direct Labour $15

Variable Overheads $10

Fixed Overheads $2

Total Manufacturing Cost $32

Total Purchase Cost $37

Total Cost (12000 Units) 384000 444000 60000

Rent Income (40000) (40000)

Total Difference 20000

Thus as can be observed above the company incurs an extra cost of $20000 if it purchases the component from a third party. Thus its advisable if the company produces the component in its own premises.

6 0

2 years ago

Organizational structuring companies have four general issues to consider when attempting to design their organization for respo

kykrilka [37]

Flat organizational structure

4 0

2 years ago

Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and va

melisa1 [442]

Answer:

There is a financial disadvantage of ($30,000).

Explanation:

The discontinuity of product X would result in the contribution lost.

Sales that would be lost = $40 × 10,000 units = $400,000

Relevant variable cost with the production of product X that would be saved = $32 × 10,000 units = $320,000

Contribution lost = Sales lost - Variable cost saved

Contribution lost = $400,000 - $320,000

Contribution lost = $80,000

Saving in fixed costs = $120,000 - $70,000 (this would not be incurred) = $50,000

However, still contribution lost is more than the saving in fixed costs

Therefore, the financial disadvantage = $80,000 - $50,000 = ($30,000)

3 0

2 years ago