Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question

Transcribed Image Text:1. Explain why the author believes it is advantageous to hire employees rather than use a
staffing agency.
A 5 pound box of shrimp cost $49.99. There are 16 pieces of shrimp per
pound. Answer the following questions.
2.
How much does each piece of shrimp weigh? Show your calculations.
3.
How much does each piece of shrimp cost? Show your work.
4. If you are running a 25% food cost, how much would you charge to sell each piece of shrimp?
5.
How many pieces of shrimp are in the box?
6.
What is your potential profit, excluding everything else, by selling % the box of shrimp?
7. What is your potential profit, excluding everything else, by selling the entire box of shrimp?
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