Does the the salary of the chief operating officer (COO) of the company affect the markup on an inexpensive items? Why or why not?
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Does the the salary of the chief operating officer (COO) of the company affect the markup on an inexpensive items? Why or why not?
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- Suppose you are E-commerce consultant in a multinational company. A company offers customers incentive with discount of 10% for order of more than 5000. but people werent taking advantage of the offer because they didnt know about it. As a consultant of that company have a meeting wit their development team and brief them with the solution so that their customer may get advantage of this offer.Why should a purchaser evaluate the cost of making an item instead of simplyevaluating the purchase price? Is this true for all types of products? Why or why not?A bottle of ketchup is left on the back of the shelf for several months before it is sold. The product was not expired and so once the product left the store, the store counted it as a sale and lost track of the product. This is an example of the __________ function of packaging. a. promotional b. instructional/labeling c. Inventory/storage d. protection/security
- Make a question about "Somebody who wants unique and customized products (selection of goods) and is looking for a fast delivery.With a company only considering extra small, and small size to the clothing it sells. What should be the end matter and supplementary material of this company?THE MARKETING OPPORTUNITY Suppose your roommate just invented an electronic pencil that senses when a word being written is misspelled, beeps, and shows the correct spelling on a small screen on the side of the pencil. Your roommate comes to you for advice and money. She figures the pencil can be manufactured for about $5, since the cost of computer chips has dropped so low. She will make you a 40% owner if you help manufacture and sell the pencils. She asks you to put up $500 for materials for the first 100 units. She asks that you help make and sell the pencils after classes. Since your roommate is studying electronic engineering, she knows about as much about marketing as you know about electronics. You agree to study the possibilities. You make a list of questions that need to be answered before you commit your $500. Write a response that includes your answers to the following questions. What need does this product fill? What are the target markets for such a product? What type…
- It is used mainly by smaller firms that offer a limited line of products. This statement refers to _________________.As a sales representative, you should be more concerned with the _________of the prospect rather than closing of the sale. a. Appearance b. Sales c. Welfare d. MoneyThe owner of a retail store needs information on how stores are performing and which products are selling well so that immediate action can be taken. Thus, information that is in the present time or what is happening should be available. What quality of information is referred to in this statement?
- You are looking to buy a laptop on a budget that requires you to service and repair the laptop yourself, and you want to save money by not purchasing an extended service agreement beyond the first year. To limit your search, what should you consider when choosing manufacturers? Which manufacturers would you choose and why?Dollar discount stores and closeout chains are both types of off-price retailers. A True B FalseIf a merchandising company has a beginning inventory of $400,000 and an ending inventory of$200,000, and the company purchased $1,600,000 of inventory during the month, what is the company’s cost of goods sold?