Q25 What is the reason for a company to implement thefunctional structure?a. The company wants to maximize everyproduct managers' talentsO b. The company is divided into severallocationsc. The company wants to have a simplestructureO d. The company wants to decentralize itsauthority and empower everyone

A functional organizational structure is one that is utilized to arrange employees. They are…

Answered: What is the reason for a company to…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question 25 With an estimated 120 million households, a 92% penetration in chocolate consumption among households, and an estimated trial rate of 30.4%, Apollo estimates that in the best case scenario of excellent product, high ACV, and high awareness, that it can achieve 38% repurchase rate with a repeat purchase of 4 units, 20% coverage in awareness, and 79% coverage in ACV. Apollo can expect sales volume in units of: O 5.97 million units O 7.86 million units O 11.24 million units O 12.30 million units O 13.36 million units
Explain
Q1. What is warehousing? Explain in brief, some important issues in warehousing.
Question 39
What are the impacts on profits of (effective) agreements concerning production levels between oligopolists? Question 24 options: higher prices and less profit monopoly profit zero profit lower prices and more profit
q. what is product market expansion grid ?
Q.3.2 Mpho is an avid seamstress and want to sew and sell high quality, reusable,designer face masks during the current Covid-19 pandemic. She will design andsew the masks herself and use her automatic embroidery machine to put her logoon each mask sold. With the help of her son, deliveries will be made all overGauteng within 3 days of placing the order. Every mask will have a unique threelayer design with adjustable straps to ensure comfort and fit. Mpho’s only expenseis the material needed to sew the masks and delivery costs. At this stage, Mpho’starget market is limited to Gauteng.Draw a diagram to illustrate the transformation process of Mpho’s new business.Be sure to include all relevant elements, headings and arrows to indicate the flowof products/ services.
Q1:A/ The Office Supplies Company offers two types of pens, the first type has high specifications, while the second type has normal specifications. The expected profit from selling each unit of the first type is half a dollar, and from selling each unit of the second type is a quarter of a dollar. The time taken to manufacture the first type is twice the time taken to manufacture the second type for the purpose of producing no more than 1,000 pens of both types per week. The company can produce at most 400 units of the first type per week, and it can produce no more than 700 units of the second type per week. Note that the company can produce each of them separately. Required: Create the linear programming model to find the optimal production mix so that the company achieves the maximum possible profit.
QUESTION 10 A tech store announced a 20% Mark up on all devices. If the original price of a mobile phone is AED 3650, how much would a customer pay for that mobile phone? Round your answers to the nearest whole number, if necessary. O AED 730 O AED 18,250 O AED 4,380 O AED 2,920 O AED 76,65
Qno 1. Define bibliography, Citations and different types of both?
A market is people or organizations with needs or wants and with the ability and the willingness to buy. Question 30 options: True False
QUESTION 10 An Italian leather goods company that makes high-end shoes and belts is expanding its product line to include leather handbags. The firm hired consultants to conduct market research and determine the VTC for a popular handbag. The consultants established that this handbag's VTC was $1,200. The handbag has variable costs of $350. If the firm uses a skimming strategy, which of the following would be most likely to be the handbag's selling price? O $1,350 O $700 $675 O $1,100 O $450

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