Should there be a balance between making a profit for pharmaceutical company owners and providing life-saving or life-extending drugs to customers? How much profit is too much profit and who determines the amount? How does that ‘balance’ get achieved?

Q: Product quality is an important determinant of business profitability because ____________?

A: Quality is the standard for manufactured products and services so that customers will satisfy with…

Q: What would be a threat from the competitive or the economic environment? What about an opportunity

A: A competitive threat is a competition that hasn't happened but has the possibility to occur.…

Q: the only responsibility of business is to maximize profits? Why or why not?

A: Milton Friedman famously argued that the only social responsibility of business was to maximize…

Q: what strategies can traditional bookstores like Barnes & Noble and others introduce in order to…

A: People used to go to the bookstore near them to purchase book traditionally. But there many problems…

Q: What implications are there for ensuring that each of the several sponsoring companies gets an…

A: The funding for the goods and services to support the events, trade shows, teams, or organizations…

Q: What is the difference between revenue and profit?

A: Revenue When a company's total amount incurred for the sales and the income received by the sale of…

Q: What are Netfllix' projections for profitability and long-term growth

A: Netflix is a online streaming platform. With the lockdown in country due to COVID 19 people are…

Q: Is it fair and ethical for indiviuals to price grouge after a disaster?

A: Price gouging us the technique used by a seller when he increases the prices of commodities, goods,…

Q: What will you do if your competitors underprice ormake your product obsolete?

A: It is also known as predatory pricing under which big players or competitors in the market…

Q: What mental accounts do you have in mind about purchasing products and services?  Do you have any…

A: Consumer is a person who buys something for his personal use. While buying something, every consumer…

Q: what is profit and loss and why do you need to manage it ?

A: When the difference between the amount earned and the amount spent is a positive value then it is…

Q: How business can get the Demands of Large Customers?

A: Demand Marketing can be referred to as the kind of marketing in which the companies саn flexibly…

Q: What are the four objectives of a firm wishing to maximize profit?

A: Every company, the business has the foremost and important objective that is profit maximization.…

Q: Why should business professionals consider future business scenarios? Will you make use of these as…

A: Business scenario is very essential and important techniques that can be used before setting up…

Q: How can we determine the market value of a company?

A: Market price is value of a company perceived by market; it is a value that can be recovered from…

Q: Why wouldn’t Unilever just donate a portion of its profitsto social and environmental causes, rather…

A: Corporate social activity is when a company gives away a profit portion for the betterment of…

Q: As owner-entrepreneur, what would you suspect to be the possible reasons why the sales of your…

A: When you notice a drop in sales, you must act quickly to identify the source of the problem. Sales…

Q: Please answer completely but concisely! What are the principles of Pay As You Go (PAYGO) employment…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: hould I rebrand my company to get a higer price per unit, or should I play it safe and why?

A: If the company is facing problem in connecting with their target market and sales are not up to the…

Q: In your opinion, should Apple focus its attention on Apple TV? If so, why? If not, why not?

A: Apple, which was formally known as Apple Computer Inc. is a trillion dollar American Company that…

Q: What are the must questions to put in your questionnaire when you're conducting a feasibility study…

A: The important questions that an effective questionnaire should include while conducting a…

Q: what is operating income ?

A: Operating-income is calculated by deducting operating expenses like wage and depreciation and the…

Q: How do cell-phone companies make money by charging a flatrate per month for a set number of minutes,…

A: Pricing is the method where the company will charge customer for using their products and services.…

Q: How do you calculate the return on marketing investment (rOMI)? How can a business benefit from…

A: The return on marketing investment is calculated as follows-

Q: Colleges and universities, like all business, have strengths, weaknesses, and competitors. What…

A: Today’s workforce is moving online.It’s clear, then, that learning online helps prepare…

Q: Imagine considering starting your own business or owning a franchise. What kinds of products or…

A: Few amongst many try to establish their own business. The individuals who have money may think to…

Q: You are considering buying an operating business.  What are the most important issues you will look…

A: Buying an operating business is a good idea to leverage an established brand to make immediate…

Q: Assume you are profitable in your first year of operation (for example, a Milk Tea business); what…

A: The profits gained by any buisness is the financial benefit realized when revenue generated from a…

Q: If you were a government energy administrator or planner, how would you distribute energy research…

A: INTRODUCTION: Energy efficiency is a term used to describe changes in how an organization uses…

Q: Why would Unilever spend $1 billion dollars to acquire loss-making Dollar Shave Club? What are the…

A: Acquisition of the company is one of the strategic management decisions. Generally strategic…

Q: What is Break-Even Point and why is it important in business?

A: A breakeven analysis may be a calculation that enables small business owners to work out what…

Q: In a company whose main product is food, what would be the barrier to growth? (any example)

A: Opportunities of food industry: 1. Food industry have the opportunity of online store and delivery…

Q: What is the best example of a business whose goal is to earn a profit? Multiple Choice O O O O…

A: A not-for-profit corporation is a type of corporation that focuses on a social cause, and all the…

Q: What is immediate success?

A: Individual success means different things to different people, and you are the one who must find…

Q: Why should owners of confectionery business develop their product and how should this be done?

A: Product development and marketing go hand-in-hand. Product development needs a marketing department…

Q: is IMC dead?  Why or why not?

A: Integrated Marketing Communication is abbreviated as IMC. This is a basically a Marketing concept in…

Q: Identify a successful firm that offers good but not outstanding products at reasonable but not…

A: Stuck in the Middle: A company or business is assumed to be stuck in the middle of it does not offer…

Q: turnoffs. In your experience, which of these three types of turnoffs is the most important?

A: Decreasing representative turnover is subject to the all out workplace you offer for workers.…

Q: Why would you pay more today than you paid yesterday for the same product?

A: Customers at market place looks for good quality goods or services with better prices rather than…

Q: How would auto makers solve the problem of having cheap cars' sales become less than before?

A: Automotive industries are the companies that are involved in the manufacturing of motor vehicles.…

Q: Develop the costs and benefits to compare owning a car versus depending on public transit, friends,…

A: Various costs and benefits are involved in owning a car versus depending on public transit.