Differences between informal and formal business selling price,cost of sales, labour costs

Q: State four kinds of terms of sale. Which one do you prefer and why?

A: The International Chamber of Commerce (ICC) distributes an update for the global business terms;…

Q: Considering the allocation of resources to fill gap serves which of the following strategy?

A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…

Q: How is the information provided by shadow prices clearly valuable to management?

A: Shadow pricing refers to the pricing actual market value of money to the market fund as the value…

Q: Discuss the importance of identifying the targetmarket’s evaluation of price

A: Target marketing researches and understands the desires and demands of a prospective customer. It…

Q: explain  What is total cost ownership? base on this image

A: Introduction:- Total Cost of Ownership is a concept i.e. used to evaluate the direct and indirect…

Q: Factors influencing the diffusion of a new offering include the following except a. perceived risk O…

A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…

Q: Identify tactics used to reduce prices to businesses.

A: Price is a major element influencing customer purchases. As a result, firms utilize a number of…

Q: How much flexibility does the salesperson have in negotiating price with the customer?

A: Customers always look for a salesman who is very flexible in negotiating prices and details for…

Q: and life-cycle costing vary

A: Talking about the sales life cycle then, it is the life cycle of sales of product of the company…

Q: Should a distributor get a higher margin on a product’s sale than the manufacturer?

A: Profit margin is dependent on the cost of the product. If the cost is low then profit margin will be…

Q: what is the difference between direct cost and product cost

A: Product Cost: Product costs are the direct charges concerned in producing a product. A producer, as…

Q: particularly low price and is widely advertised. When coming to buy the item, consumers a

A: The bait prices are the unscrupulous promoting strategy that includes attracting purchasers with the…

Q: What are the four categories of marketing activities, usually referred to as the marketing mix? In…

A: The main 4 P's of marketing are product, price, promotion, place.  Product - Goods or service Price…

Q: What element improves appraisals by using impartial performance evaluation? Rating errors BOSS…

A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…

Q: How can a business' pricing decisions be affected by the government's actions?

A: Pricing decision is the decision or choice that the business would make while fixing prices for…

Q: Do cost management practices change over the product’s sales life cycle? Explain how

A: A product goes through different stages during its lifetime. The stages are: 1. Introduction to…

Q: What is price?

A: Price is the money which the customer or one party has to pay to another party in order to acquire…

Q: Diffferintiate Informal and formal business in selling price , cost of sales and Labour cost

A: The full forms of CP and SP is Cost Price and Selling Price, respectively. The cost price of goods…

Q: How does market defferent from selling?

A: Marketing is the process of making the customers aware about the product/service and using…

Q: How will profit be affected if the individual firms. Increased price

A: Achieving higher profit is one of the major goal of any organisation. different…