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A hardware store bought a gross (12 dozen) of hammers, paying $602.40 for the total order. The retailer estimated operating expenses for this product to be 35% of sales, and wanted a net profit of 5% of sales. The retailer expected no markdowns. What retail selling price should be set for each hammer? [Hint: The way to handle this problem is to say that the Gross Profit Margin has to cover the 35% of expenses applicable to the product plus the 5% of net profit wanted. And once you know the GPM%, you know the Cost percentage of the Selling Price. ]
Show work (calculations), no excel.
Describe each of the four methods or approaches given in the Compensatory model used for final selection decisions. Then, in your own words, describe the pros and cons of each.
How can Internet technologies be involved in improving a process in one of the functions of business? Choose one example and evaluate its business value.
Valuing diversity is commonly regarded as a virtue in today's business world. What are some strategies we can use to reflect the value of diversity in our written work? What are some different types of reports you are likely to write in your career? ..
Cato and Isabella are friends and they meet for drinks at a bar one night. Cato, while intoxicated, offers to sell Isabella his Porche worth $40,000 for only $20,000. Delivery will be in 2 weeks. Isabella accepts, and they write the terms down on a n..
What is the service leven when optimal decision has been made?
papers, one is about Target Market and the other about Competition. This is contious for the industry analysis paper.
Define these types of organizations: (1) strategic alliances, (2) learning, and (3) high-involvement. What skills will you need to work effectively in these types of organizations? Would you enjoy working in these environments?
Review relevant literature on the subject. Does research support the recommendations of the case?In addition, are there any other issues of concern?
The growth in the use of 3PLs has been steadily increasing over the past decade. As stated in the text, there are often good reasons to outsource all or part of the transportation function, but there are also downside risks. As the VP for Logistics i..
Show depth and breadth in your paper to enhance the quality of your paper. 3. Try your best to search in our library to find some papers/articles to support your argument and show them in the reference list
Strategic issues arise from a mismatch between internal capabilities and external trends such that important opportunities are not being pursued or significant external threats are not being ADDRESSED under the current strategy.
Create deployment / rollout strategy for your system with FAME. Ensure that your deployment strategy includes a plan for training, conversion / loading of existing data into the new system, and post-implementation support.
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