What are some qualities of products that make them suitable candidates for storage in a single location? Who is the least likely to profit from this situation?
Q: Is it always ethical to raise prices when the demand is great and the supply is limited?
A: A great demand signifies greater possibilities of utilizing the productive capacity to the full…
Q: culture in
A: E-commerce, also referred to as electronic commerce, is the transfer of products and services as…
Q: A _____, which may be operated by retailers, manufacturers, ordistribution specialists, is a…
A: Every company will try to create value for customers and shareholders in terms of products and…
Q: Imagine you are the marketing director for ZARA: a) suggest how you would evaluate the threats posed…
A: Each organization will just keep going as long as it keeps a monstrous following of fulfilled…
Q: SUBJECT: Distribution Management REQUIRED: Please explain the topic, needed for our report. Thank…
A: Distribution management is a subset of the supply chain or a part of the channel system that…
Q: Compare and contrast exploratory and descriptive research designs
A: Market research - It is the process or a feasibility study that reflects on various aspects related…
Q: If a stock’s intrinsic value exceeds its market price, then it is __________ and should be…
A: Intrinsic value is the perceived value or the calculated value of a stock which is calculated by the…
Q: Which macro-content developments are most likely to endanger Skype's ability to expand as a part of…
A: The general competitive advantage strategy of Microsoft Corporation is in line with its specific…
Q: Therefore, what makes Burberry's digital approach so successful?
A: Burberry.com is a name that needs no introduction. It one of the finest fashion websites accessible…
Q: What are the differences among intensive, exclusive, and selective levels of distribution intensity?
A: The distribution process starts from the end of the manufacturer of the goods and uses a supply…
Q: Why brand awareness is important for a company?
A: Brand awareness is the degree of to which consumers are familiar with a particular brand. Brand…
Q: What is the distinction between occupational licensing and certification?
A: Occupational licensing is defined as a type of regulatory restriction imposed by the government or…
Q: product and its development process evaluated for quality
A: Product management is an organizational function that guides and manages the product lifecycle from…
Q: Numerous benefits are associated with social media and network connectivity.
A: Social Media - It is a computer-based technology or interactive digital channel that facilitates the…
Q: Ben and Sons Co Ltd, a machine intensive manufacturing company situated in the Northen province of…
A: A Product life cycle is the duration of time a product stays in the market. The product life cycle…
Q: During a roundtable meeting, one of your business associates suggests using a survey during the…
A: Customer insights are analyzed through survey analysis. The purpose is to translate data into…
Q: great deal has been learned about website design and development
A: The procedure of building a website is referred to as "web design and development" as a whole. It…
Q: Consider how a business would operate if it did not have access to technology or an information…
A:
Q: Discuss the significance of target marketing .
A: Introduction : In business, a company's target market refers to the specific demographic of…
Q: objective in this situation 1. The catholic women's league plans a rummage sale
A: Non-profit organization or NPO is known as doing business without the motive to earn profit but to…
Q: Two classes, or 01 and 75 points, students.
A: Class 1 students- 15 Class 1 average score- 85 Total score of Class 1 students - 1275 Class 2…
Q: Talk about the variables that affect the current business climate and the difficulties that American…
A: Every industry within the corporate world has its own set of requirements and difficulties. Some of…
Q: How does transportation affect the market entry strategy for the M-Box and MES-SIM in the Australian…
A: The value of American exports to Australia in 2021 increased from the US$23.4 billion in 2020 to…
Q: Can the creator of Nintendo's gaming system be found?
A: Computer and video games have gone a long way since their inception. NM was one of the earliest…
Q: two approaches to responsive design are distinct: Mobile First and Desktop First.
A: When you choose a desktop-first design, you begin by basing your design on a desktop computer (also…
Q: Does Reebok pursue an intensive, an exclusive, or a selective distribution intensity strategy? Would…
A: Distribution can be intensive where the company can use all the retailers available to sell its…
Q: Name a retailer from which you have received personalized service,product, or promotion offerings…
A: Every company requires long term customers who are loyal to their brand and who will not jump to…
Q: Mr. Layer was told that "Gaugau" was the best itching powder on the market; it even claims to cause…
A: A dependent variable in a study can be denoted as the variable which cannot be manipulated by the…
Q: 6.
A: Business operation refers to activities that every business engages in to conduct its work and task…
Q: Which of the following is an e-commerce web application? Amazon Lazada Google eBay
A: E - commerce is known as electronic marketing. It consist of buying and selling of products and…
Q: Why might a big company like Lenovo want to develop strategicpartnerships with locally owned…
A: Members from the distribution channel anticipate certain things from their relationship with the…
Q: What are the merits and demerits of the preference based approach to consumer behaviour?
A: According to the preference-based approach to consumer behaviour theory, customers' preferences can…
Q: please help me to solve the following question based on NETLE company- 1. what is marketing?
A: 1. The process of developing, communicating, delivering, and trading offerings that are valuable to…
Q: In what ways can you use social media in research and What are the pros and cons? What are ethical…
A: Introduction Social media is a virtual platform where people can share their talents, ideas,…
Q: Using three case studies, describe how search engines and online directories are used in e-commerce.
A:
Q: Give and identify local groups in the Philippines involved with justice on social media and compare…
A: Social media is making a significant impact on social justice in the modern world. It can connect to…
Q: Describe with examples how meaningful visual media (charts, diagrams, images, videos, and other…
A: Marketing is all about communication. It is about communicating to the audience, consumers,…
Q: QUESTION 38 A purposive incentive is defined as the satisfaction of contributing to a worthy goal or…
A: Tasks are performed for the purpose of attaining some monetary or non - monetary incentives.…
Q: This assignment gives you the opportunity to evaluate and critically analyse aspects of marketing…
A: Disclaimer: Since you have asked multiple questions, so we will solve the first question for you. If…
Q: Explain how the phases of the business cycle can be applied in a real-world, professional context
A: Every company when enters into the market has to face 4 different stages in a business cycle. The…
Q: Discuss the role of marketing research in gathering competitive intelligence?
A: Marketing research is a process of obtaining information (via quantitative and qualitative research…
Q: There are currently three (3) approaches to marketing decisions are : Marketing Concept Approach,…
A: Marketing concept approach - In this approach a firm analysis customer needs by implementing…
Q: study of techniques for obtaining evidence from social media platforms.
A: It is not surprising that social media has a big impact on government investigations and criminal…
Q: Are organizations that provide services to consumers retailers?
A: A product can be defined as any item that can fulfil the customer's needs or solve a customer's…
Q: 0. _________________ is a strategy emploed when members of a co-cultural group resist interacting…
A: Introduction: A society is consist of many different type of people who practices different types of…
Q: Find out some primary and secondary data sources? Find out some published and unpublished secondary…
A: The marketers require data from different sources to combine them and analyse them to derive some…
Q: 19. Question 19 options: According to ................ theory, by vertically integrating backward…
A: Backward integration is a business strategy in which a firm buys or gains control over some other…
Q: give a situation where you are adopted a holistic view in looking at a problem or solution
A: Every one else encounters contradictory circumstances at some point in their lives, and in order to…
Q: does data warehousing's "Hybrid Approach" really mean? What does data warehousing's "Hybrid…
A: Data mining is the process of sorting data from large data sets to identify patterns and…
Q: Select a market or product category for study. Whether it’s a market in which the firm already…
A: One of the important parts of marketing that a marketer follows is market segmentation. It is a kind…
What are some qualities of products that make them suitable candidates for storage in a single location? Who is the least likely to profit from this situation?
Step by step
Solved in 2 steps
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?1. Superior Wire, Inc. produces and sells special types of wire used in a variety of telecommunication applications. The firm's initial growth came from sales of a new wire that was used by cellular telephone service companies when setting up transmission stations. However, growth in that market has slowed. Moreover, at present, most of the other products offered by the firm are similar to those available from a variety of other suppliers. Angelina Stowe, the marketing manager for the company, recently scheduled a meeting with the company president to discuss problems of falling profits. Stowe expressed concern that the company did not have a specific person responsible for identifying new products. The president pointed out that few other firms in their industry had such a position and generally argued that new product thinking was the responsibility of everyone in the firm. After further discussion, the president agreed to let Stowe send out a memo to all company employees…What is the lot-for-lot decision rule? What is its advantage? Where would it be used?
- Green Gardens' owner has asked your advice about a possible problem at his business. Over the last 6 months the large-sized lawn and garden inventory (ie, tables, chairs, planters, etc.) has appeared to be short. The inventory records that employees use to determine what is on hand show that more inventory is available than can actually be located. This has cause frustration and mis-trust in the inventory records for the sales employees. The owner realizes that the problem is bigger than just frustrated employees. He is afraid that inventory is being stolen, a problem he didn't think possible given that these are large items that are not easily moved. Requirements: Provide the owner with two internal controls that he could implement to reduce the likelihood of theft of the lawn and garden inventory.Your company produces two types of products. One is in liquid form(highly toxic) and the other one is in packages. Your customer is located in Antalya and your company is located in Gebze region.The typical shipment method is tank truck and box type trucks. Considering these two alternative type of shipments, which one will have a higher cost and why? (Your answer is accepted in case you can back your decision with at least three sentences.) PLS JUST 3 OR 4 SENTENCES short answer.As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.00 $1.75 $1.50 $0.75 Variable Cost $0.70 $1.00 $0.35 $0.35 % of Revenue 24 25 29 22 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for w servings (round…
- As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.20 $2.00 $1.25 $1.20 Variable Cost $0.60 $0.95 $0.35 $0.25 % of Revenue 26 24 30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $633.640 (round your response to two decimal places).As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.00 $2.00 $1.00 $0.75 Variable Cost $0.65 $0.90 $0.30 $0.25 % of Revenue 25 24 31 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $300.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $300.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ 1138.92 (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for wine =…) O'Donnell & Joyce purchases components from three suppliers. Components purchased from Supplier A are priced at €7 each and used at the rate of 18,000 units per month. Components purchased from Supplier B are priced at €5 each and are used at the rate of 4,500 units per month. Components purchased from Supplier C are priced at €9 each and used at the rate of 1000 units per month. Currently, O'Donnell & Joyce purchases a separate truckload from each supplier. As part of its JIT drive, O'Donnell & Joyce has decided to aggregate purchases from the three suppliers. The trucking company charges a fixed cost of €550 for the truck with an additional charge of €120 for each stop. Thus, if O'Donnell & Joyce asks for a pickup from only one supplier, it charges €670; from two suppliers, it charges €790; and from three suppliers, it charges €910. What replenishment strategy would you suggest for O'Donnell & Joyce to minimize annual costs? Assume an annual holding cost of 25…
- Neverland Company, a retailer, plans to sell 15,000 units of Product X during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? * 17,000 15,000 14,500 15,500A company's distribution and warehouse expenses do NOT include which one of the following? a) The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and -online buyers b)A standard import tariff of $4.00 per pair on any pairs imported from the company's foreign production facilities--tariffs are due and payable at the port of entry rather than when the pairs are sold c)Annual leasing and maintenance fees of $1 million for each of the company's four distribution centers; however, such expenses fall to 5 times the number of pairs sold when warehouse volume in any region is less than 200,000 pairs annually (should company managers decide to abandon selling footwear in a geographic region, leasing and maintenance costs will fall to $0 (resuming if/when sales begin again) d)The inventory costs of carrying unsold pairs over from the prior year ($0.50 per pair on required inventrory and $1 per pair on additional unsold pairs) e)Per pair freight…Chris Sandvig Irigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 700 valves; order cost is $7 per order, and annual inventory holding costs are $2.15 per unit. Vendor A Quantity 1-14 Vendor B Price $34.75 Vendor C Price $34.50 Vendor D Price $34.25 33.00 31.00 Quantity Quantity 1-149 Price Quantity $35.00 1-24 1-49 50-149 150-299 15-24 34.75 25-99 100-199 34.00 33.75 32.50 150-299 25-99 100-199 200-399 33.55 32.35 32.80 300+ 31.60 30.50 200-399 300+ 31.10 31.15 400+ 400+ 30.75 Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irigation should order units at a time from Vendor B(enter your response as a whole number).