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What are the major price implications of the PIMS studies?Suggest possible explanations for the relationships the PIMSstudies reveal.

2. Karen Weber, the purchasing agent for Smith Manufacturing, views the purchase of widgets as a routine buying decision. What factors might lead her to alter this position? More important, what factors determine whether Karen considers a particular supplier, such as Albany Widget?

Give 3 examples of hidden expenses for the purchase of a new car

Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market. Both machines use BFI-patented technology that provides the user with an extremely wide range of motion capability for each type of exercise performed. Until now, such capabilities have been available only on expensive weight machines used primarily by physical therapists.   At a recent trade show, demonstrations of the machines resulted in significant dealer interest. In fact, the number of orders that BF received at the trade show far exceeded its manufacturing capabilities for the current production period. As a result, management decided to begin production of the two machines. The two machines, which BFI named the BodyPlus 100 and the BodyPlus 200, require different amounts of resources to produce.   The BodyPlus 100 consists of a frame unit, a press station, and a pec-dec station. Each frame produced…

Touché Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded Ode d’Toade Cologne. Unit variable costs are 45 cents for a three-ounce bottle, and heavy advertising expenditures in the first year would result in total fixed costs of $900,000. Ode d’Toade Cologne is priced at $7.50 for a three-ounce bottle. How many bottles of Ode d’Toade must be sold to break even?

If you dump your mobile service provider after three billing errors in a row, you ended your loyalty because of a ________.   Question options:   core service failure   convenience   service encounter failure   competition   pricing issue

Explain the meaning of the terms 'product under-costing' and 'product over-costing'. In your answer, provide an explanation of how they occur and can relate to eachother when estimating and quoting vehicle modifications. (80-100 words)

When we say "FMS option," what exactly do we mean?

Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Lon Island. It recently designed two universal weight machines for the home exercise market. Both machines use BFI-patented technology that provides the used with an extremely wide range of motion capability for each type of exercise performed. Until now, such capabilities have been available only on expensive weight machines primarily used by physical therapists. At a recent trade show, demonstrations of the machines resulted in significant dealer interest. In fact, the number of orders that BFI received at the trade show far exceeded its manufacturing capabilities for the current production period. As a result, management decided to begin the production of the two machines. The two machines, which BFI named the BodyPlus 100 and the BodyPlus 200, require different amounts of resources to produce. The BodyPlus 100 consists of a frame unit, a press station, and a pec-dec station. Each frame produced…

Question 4 a) Identify and explain the' 3Cs' criteria commonly used to evaluate consumer credit. b) Discuss the information required and the sources needed to obtain the information for EACH of the '3Cs' criterion identified above.

Par, Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag. Product Standard Production Time(hours) Cutting and Dyeng Sewing Finishing Inspection and Packaging Profit per Bag Deluxe 10 1 1 22/0 를 14 The director of manufacturing estimates that 630 hours of cutting and dyeing time, 600 hours of sewing time, 708 hours of finishing time, and 135 hours of inspection and…

K and  Q Beverages  Ltd started off twenty years ago as a small dealer making non alcoholic beverages in Nairobi from just two products at the time, the firm has expanded in its product portfolio and now boasts of six products in various stages of the product life cycle, and a considerable share of the market share.  Over that period, some of the products introduced did not survive and ended up failing soon after introduction, which has been very costly to the company. The company has realized that proper branding and packaging are key in product development and management. With an illustration, discuss the product life cycle as is applicable to King and K and  Q Beverages  Ltd, clearly showing the key decisions to be taken for products at each stage

K and  Q Beverages  Ltd started off twenty years ago as a small dealer making non alcoholic beverages in Nairobi from just two products at the time, the firm has expanded in its product portfolio and now boasts of six products in various stages of the product life cycle, and a considerable share of the market share.  Over that period, some of the products introduced did not survive and ended up failing soon after introduction, which has been very costly to the company. The company has realized that proper branding and packaging are key in product development and management. a.       Discuss the  branding and packaging issues that K and  Q Beverages  Ltd  should focus on in order to remain competitive

Situation: You really want to buy the product and yet you do not have enough money to buy that item. Luckily, the price of the item dropped down so you can now buy the product. What is the effect of the markdown to the customer? What might be its effect to the business owner? Would anyone prefer to do the same? Why or why not?

eBook Problem 7-15 Par, Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag: Product Standard Deluxe Cutting and Dyeing 7/10 1 Production Time (hours) Sewing ½ 516 Finishing 1 2/3 Inspection and Packaging 1/10 1/₁ Profit per Bag $10 $9 The director of manufacturing estimates that 630 hours of cutting and dyeing time, 600 hours of sewing time, 708 hours of finishing…

Touché Toiletries, Inc. has developed an additionto its Lizardman Cologne line tentatively brandedOde d’Toade Cologne. Unit variable costs are45 cents for a three-ounce bottle, and heavy advertising expenditures in the first year would result in total fixed costs of $900,000. Ode d’ToadeCologne is priced at $7.50 for a three-ounce bottle. How many bottles of Ode d’Toade must be sold to break even?

You are the new CEO of a major well-established automotive manufacturer in South Korea, but you are concerned that the longstanding price war in the industry is undermining profits for all firms in this sector. However, you have been warned by your company’s in-house corporate lawyers not to openly discuss pricing with rival firms. In several cases, you know the other CEOs personally because you graduated from the same business school as they did. Required: Given this dilemma, how would you develop an effective strategy to ensure you act in the best interests of your company, but without engaging in collusion, which is illegal? Discuss.

Touch Toiletries, Inc. has developed an addition to its Lizardman Cologne line tentatively branded Oded Troade Cologne. Unit varible cost are 45 cent  for a three-ounce bottle, and heavy advertising expenditures in the  first year would result in total  fixed costs of $900,000. Oded Toade Cologne is priced  at $750 for a three-ounce bottle. How many bottles of Oded Toade must be sold  to break even?

List 5 claims that are made in the advertisement for the ultrasonic pest repeller.

What you can derive from these figures? Japan United States Figure 1-1 Warranty costs for transmissions. -Japan LSL United States Target Figure 1-2 Distributions of critical dimensions for transmissions. USL

Revise the following statements to make them more positive and courteous. Customers are ineligible for the 25 percent discount if they fail to provide the discount code at the time of purchase.

Conclude on what you understand from the given purchase cycle system above

Identify the Pricing Objective and the Demand of Reusable Facemask with high-quality materials. Can this be an alternative for disposable facemask?  See the picture for the feature of the facemask.   1. Selecting Price Objective 2. Determine the Demand (Pandemic)6-8 sentences, please.

) A store employee creates a display of sets of bunk beds priced at $66 apiece. The store paid $33 for each set of bunk beds. What percentage is the mark-up? Write your answer using a percent sign (%).

Recently Emma was asked to donate some baby food to the local Health and Human Services agency for a free flu shot clinic being held at the local high school. She donated one hundred containers of Smoosh'd Bananas and even stopped by the event to see how it was going. When she arrived, she was surprised to see her friend Jamie there, happily greeting and signing in owners and their dogs. On the way home, Emma began to think that perhaps there are ways that she can motivate her employees without paying them, but she doesn’t know much about motivation theory. She turns to you once again for information and guidance.

Ethics RFID tags are extremely useful for retailers, but many consumers have responded negatively to them, even calling them "spy chips." What are the ethical issues that retailers must be aware of when they use these chips? What responsibility do retailers have to educate consumers about how they will use the information con- tained in these chips?

A1 The corporate leadership team inquired about the use of a "price match guarantee". This policy would mean A+ Rental Cars will match our competitor's price for a certain vehicle category if their price is lower than ours. Please comment on the viability of the this policy. Is it a good idea? Why or Why not? You woke up this morning to a troubling advertisement on TV: A+ Rental Cars' local competitor is discounting their economy rentals. After doing a little digging, you discover that your competitor has launched an aggressive advertising campaign, reducing the price on their economy line from $32.99 to $24.99. Based on your knowledge of previous pricing practices, you expect a similar price reduction across all vehicle types.

an online seller would like to know whether the indication of price on facebook post will attract customers more he posted 50 products for sale on facebook market 25 of which he indicate the price while the remaining 25 products did not have fries buyers were just in tracted to send him a personal message if they want to know the price hidden identified which products have greater sales

You have recently been appointed as the Production Manager at the Harcourt Ltd. The General manager and the Management team have an archaic view of the concept of ‘contribution’ in themarginal cost statement. In your next Department Heads Meeting, you want to continue your awareness-building efforts. In your presentation, you should: Briefly explain the importance of the concept of contribution.