100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
MNE3701 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024 2,68 €   Añadir al carrito

Examen

MNE3701 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024

 30 vistas  2 veces vendidas
  • Grado
  • Institución
  • Book

MNE3701 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us. .. Having acquired sufficient knowledge and skills on financial management for small ...

[Mostrar más]

Vista previa 1 fuera de 16  páginas

  • 9 de octubre de 2024
  • 16
  • 2024/2025
  • Examen
  • Preguntas y respuestas
avatar-seller
MNE3701
Assignment 4 Semester 2 2024
Detailed Solutions, References & Explanations
Unique number:
Due Date: 11 October 2024 @23h00
QUESTION 1 (2 ANSWERS PROVIDED)

Applying a Pricing System for "Fresh Eats Bistro"

Introduction

"Fresh Eats Bistro" is a small, health-conscious eatery located in Randburg that specializes in
serving fresh, organic, and locally sourced meals. The business aims to promote sustainable living
while offering high-quality food. As a new entrepreneur, one of the most critical tasks for the
success of the bistro is determining an effective pricing system. Pricing affects not only profitability
but also customer perception, demand, and competitive positioning. In this discussion, I will apply
a pricing system to "Fresh Eats Bistro," using break-even analysis, markup pricing, and various
pricing strategies to ensure both profitability and market acceptance.

Break-Even Analysis
QUESTION 1 (2 ANSWERS PROVIDED)

Break-even analysis is an essential tool for determining the minimum sales volume required to
cover both fixed and variable costs. For "Fresh Eats Bistro," this involves examining the costs
associated with ingredients, labor, rent, utilities, and other operating expenses. Suppose the
Terms of use
bistro’s fixed costs, which include rent, utilities, and administrative expenses,
By making use of thisamount
documentto R50,000
you agree to:
• Use this document as a guide for learning, comparison and reference purpose,
per month. Additionally, variable costs (ingredients, packaging, etc.) for each meal average R40.
• Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
• Fully accept the consequences should you plagiarise or misuse this document.

Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller iStudy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for 2,68 €. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Empieza a vender
2,68 €  2x  vendido
  • (0)
  Añadir