User Account

All Pages

How much will you charge for product

Assignment Help Business Management
Reference no: EM132972358

Consider a proposed business (e.g., restaurant, retailer, electronics, software provider, etc.) and develop some initial ideas about what considerations need to be taken into account for the company to reach profitability. Answer the following questions in your groups:

-Describe your business. What product or service will you provide? What will your high-level strategy be: to focus on cost/efficiency or provide high value?

-How much will you charge for your product, and what factors do you have to consider for setting the sale price?

-What would be the variable costs you would have to consider for your business?

-What would be the fixed costs you would have to consider for your business?

-Do you believe that your business can break-even in its first year? Why or why not? Make sure to take volume into account.

Reference no: EM132972358

Questions Cloud

Find and list three things need to include in budget report : List three things need to include in your budget report, to give the decision maker enough information to do a clear cost versus benefit analysis.
Core components of a business : Which one of the core components of a business would be the best to choose in different areas of expertise? Why?
Show the decision tree for the decision problem : Show the decision tree for this decision problem. In level 3 preference, the company's profit increases by 0.9 and 1.1 million dollars per year for technologies
What is net income using variable costing : During the year, Oak Ridge produces 45,900 snow shovels and sells 40,860 snow shovels. What is net income using variable costing
How much will you charge for product : Consider a proposed business (e.g., restaurant, retailer, electronics, software provider, etc.) and develop some initial ideas about what considerations need to
How many units need to be sold to earn an operating income : How many units would need to be sold to earn an operating income of $100,800? Sports Maniac sells the set for $40. The store pays $9 for the glove and $3.
Principal sources of law : 1. Constitution is one of the principal sources of law.
How much should be allocated to partner AA : If the partnership had net income of P22,000, how much should be allocated to Partner AA, assuming that the provisions of the profit
Why are individuals sometimes resistant to new systems : 1. How can a lack of empowerment affect a customer service provider's ability to provide the service that customers expect?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd