Break even point bep - Study guides, Class notes & Summaries

MBA MFT Study Cards 2023-2024 major segmentation variables (4) - Answer-(1) geographic, (2) demographic, (3) psychographic, (4) behavioral penetrated market - Answer-set of customers who are buying the company's product target market - Answer-qualified available market the company decides to pursue available market - Answer-set of consumers who have interest, income, and access to a particular offer potential market - Answer-set of consumer with a sufficient level of interest in a mark...

MGT 103 Final Bates Exam Questions And Answers. Verified And Updated. Price - answermoney or other considerations exchanged for the ownership or use of a product or service barter - answerpractice of exchaning products and service for other products or services rather than for money price equation - answerlist price -incentives and allowances + extra fees value - answerratio of perceived benefits to price perceived benefits/price value pricing - answerpractice of simultaneously increasi...

Chapter 2 – Developing a Business Plan: Cost–Volume–Profit Analysis COMPLETION 1. Instead of rushing into a business right away, it is wise to develop a ____________________. ANS: business plan PTS: 1 DIF: Easy TOP: Planning in a new business 2. A ____________________ describes a business’ goals and its plans for achieving those goals. ANS: business plan PTS: 1 DIF: Easy TOP: Planning in a new business 3. ____________________ refers to the uncertainty about t...

Alternative Growth Strategies: Marketing Penetration - increase of sales of current products in existing markets, focus on advertising, promotion, and price reductions Alternative Growth Strategies: Market Development - sell existing products to new markets (demographic segments or geographic markets) focus on distribution Alternative Growth Strategies: Product Development - sell a new product to current markets (often brand extensions) ex: starbucks introduces new summer ...

Chapter 2: Cost-Volume-Profit Exam 47 Questions with Verified Answers 1. Selling prices 2. Sales Volume 3. Unit variable costs 4. Total Fixed Costs 5. Mix of Products sold - CORRECT ANSWER Factors in which profits are affected (5): Sales revenue - CORRECT ANSWER Price × Units sold Profit Equation - CORRECT ANSWER (Price × Units) - (Unit variable cost × Units) - Fixed cost Break-even point in units - CORRECT ANSWER Total Fixed cost/ Contribution Margin (Price - Unit variable co...

what is the inventory of cattle in NC? - answer-830,000 Describe the NC cattle industry - answer-small but strong what are the segments of the beef cattle industry? - answer--cow/calf (seedstock) -stocker -feedlot -packer (purveyor) -retailer (imports) -consumer (exports) what are the two largest beef industry segments? - answer-cow/calf (seedstock) and consumer (exports) what are the two smallest industry segments? - answer-feedlot and packer (purveyor) where is the beef bel...

major segmentation variables (4) - ANSWER (1) geographic, (2) demographic, (3) psychographic, (4) behavioral penetrated market - ANSWER set of customers who are buying the company's product target market - ANSWER qualified available market the company decides to pursue available market - ANSWER set of consumers who have interest, income, and access to a particular offer potential market - ANSWER set of consumer with a sufficient level of interest in a market offer corporate cultu...

What is the main purpose of marketing? - correct answer creation and satisfaction of demand for a product or service (create a product that sells, vs. sell a product) What is the main purpose of digital marketing? - correct answer using the internet, social media, and other digital channels to drive demand strategy - correct answer set of ideas that outline how a product line/brand will achieve its objectives tactic - correct answer specific action/method that contri...

INTEGRATED REVIEW 2: Management Advisory Services (MAS) #2 | Cost-Volume-Profit Analysis 1. Total unit cost A. needed for determining product information B. irrelevant in marginal analysis C. independent cost system D. relevant for cost-volume-profit analysis (CPAR Reviewer, 2018) 2. The rate or amount that sales may decline before losses are incurred is called: A. residual income rate B. variable sales ratio C. sensitive level of income D. margin of safety (CPAR Reviewer, 2018) ...

MAC2601 EXAM PACK. Principles Of Management Accounting. NATURE AND BEHAVIOUR OF COSTS (1) Manufacturing cost/ Production cost Manufacturing costs - costs incurred in the manufacturing process of a product. x Direct + Indirect cost = Manufacturing cost x Direct cost = Direct Material + Direct Labour x Total Direct cost = Prime cost x Conversion cost = Direct Labour + Manufacturing overheads x Indirect cost = Indirect material + Indirect Labour x Total Indirect cost = Overheads Direct cos...