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A wholesaler requires a markup of 45% based on cost for merchandise sold. What should the selling price of watch be (in $) if each would cost $70
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- Is the price of the whole wheat noodles premium, discounted, or on par with otherDollar discount stores and closeout chains are both types of off-price retailers. A True B FalseMr. Robert took a bag of chips from a super market and noticed to a coupon attached to the bag of the chips allowing him to get 20% off on the purchase price This is an example of
- Quaker Oats often, but not always, puts coupons within the package of a box of Quaker Oats for redemption on the next purchase. These coupons provide discounts not only on the product purchased but also on other Quaker Oats products. Consider the metrics of targeting, temporary, special, and irregular promotions. Are the in-package coupons a good form of price promotion for Quaker Oats? Why?Trade discounts for televisions that have list price of $250.00 are 15%, 10% and 8%. Find the billed cost for the television.Business Plan Project. Eight Areas of the (Executive Summary) for Business Plan I. The Business Description: (What is the Name of your Business?). II. Product/ Service: (What is your proposed idea to sell or service?) III. Price, Finance Plan Math Analysis: (How money you can you make in one month, a year?). IV. Competitors (Market or Industry): (Include Three Web Links of Businesses related to your proposal). V. Operations: (Informs the target audience the hours of your business, location and web-link). VI. Marketing- (Includes advertising and how customers can contact you phone or email). VII. Strategy, Target Market- (How will you reach people?). VIII. Break-Even Analysis: (How much do you have to sell each month to see a profit margin?). IX. Delivery/Shipping: (How will your customers receive their purchase?). X. Break-Even Analysis Calculation: (find your break even point)
- A retailer has one opportunity to purchase a holiday gift basket. The retailer buyseach basket for $10 and sells each basket for $25. Baskets left at the end of the season aresold to a discounter for $1. What is the underage cost?Explain how a brand of a commonly purchased consumer packaged goods such as toilet tissue, could be skim-priced.Purchasing for resale is generally associated with industrial purchasing and warehousing. Select one: True False
- Retail stores often use in-store shelf-tags that alert shoppers to price savings by posting a product's "original" price next to its "sale" price. Why would firms do this? O It is done to remind consumers that the price reduction is a cash discount. O It is done for inventory purposes. When conducting end-of-year inventorying, the retailer can easily recall the price the product sold throughout the year. O It is a form of "bait-n-switch" advertising, designed to encourage consumers to buy a more expensive product alternative than the one on sale. O It helps establish an internal reference price for consumers. O Because it is required by law. The U.S. government requires retailers to state the original price in all of its in-store price promotions.(a) Salesperson is asking the buyer "Shouldn't you go ahead and order this barbecue machine for your retail store now before the heavy demand of the summer season?" This is an example of what kind of selling technique?Organic Jellies allows a 10 percent reduction off list prices whenever a retailer orders more than 100 cases in one shipment. This is a Ononcumulative quantity discount. O cash discount. O seasonal discount. cumulative quantity discount. O PM. SUBMIT