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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.
So you have implemented teams and the project is now complete at your workplace. As the team leader, what factors need to be considered to determine if the project/task was "successful"? Furthermore, how do you determine the "proper way" to evaluate ..
Describe how would waiting time change if the Corporation decides to limit all rentals to exactly 72 hours. Suppose which if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day
Bill and Audrey Harrison a dual-income couple in their late 20s want to replace their seven-year-old car, which has 90,000 miles on it and needs some expensive repairs. What are some basic purchasing guidelines that the Harrisons should consider when..
Research and write about three of the 5 special cargo categories (Hazardous goods, Fragile Cargo, Outsized Cargo, Perishable Cargo and High Value Cargo). Include information on:
Describe the organisational culture or leadership style within Walmart
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what are the strategic alternatives in the "toolbox" that might be used to remedy the critical case issues revealed by your analysis? develop several and analyze them for a "best fit" by examining the pros and cons of each
Why would you choose this assessment? Is there theoretical or empirical support available in the scholarly literature that would suggest your assessment choice is reasonable and acceptable for this situation?
Which product or service have you recently encountered that would be particularly suited for multichannel or interactive marketing? Why?
In what ways might a firm's suppliers improve or undermine the firm's Lean efforts? Provide an example to illustrate this situation.
Weekly sales at Nancy’s restaurant total $ 84,000. Labor required is 420 hours at a cost of $21,000. Raw materials used amount to $40,000. What is the partial measure of Productivity for labor hours?
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