<span>Based on his interests, Jake exhibits behaviors associated with Holland's artistic personality type. Those fitting this type generally tend to incline towards creativity and independence. While Jake may be perfectly capable of any career path, he's more likely to thrive in one where he feels passionate about his work.</span>
Answer:
B) operational excellence
Explanation:
Operational excellence refers to executing your business strategy better than your competitors. In other words, it means operating your company more efficiently. The only way that you can check if you achieved operational excellence is by comparing your results with the results of your competitors. If your company performs better, your results must be better also.
Answer:
b. value-based pricing
Explanation:
Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.
In the question mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.
Answer:
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
b. $69,754
Explanation:
contribution = sales - variable cost
for Product B32L:
contribution = sales - variable cost
= 46,000 - 13800
= $32,200
for Product K84B:
contribution = sales - variable cost
= 27,000 - 14,670
= $12,330
total sales of the company = 46,000 + 27,000
= $73,000
total contribution of the company = $32,200 + $12,330
= $44,530
cotribution margin ratio = contribution/sales
= 44530/73000
= 0.61
break even point = fixed cost/cotribution margin ratio
= 42550/0.61
= $69,754
Therefore, The The break-even point for the entire company is closest to $69,754.
