The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______. a. adding a predetermined percentage of the cost to the cost of the product b. charging a higher price when demand is strong c. balancing supply and demand d. determining the costs and then adding specified dollar amount or percentage of the cost to the seller's cost e. adding a flat dollar amount or percentage to the cost of the product

Answers

Answer 1

Answer:

Option A: Adding a predetermined percentage of the cost to the cost of the product

Explanation:

Price

This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.

Markup

This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.

Standard Markup Pricing

This is the difference between selling price and cost. It is usually called as a percentage of cost.

The need for a markup is that business gather up expenses in order to be in a position to sell goods or services, and the markup covers these expenses and other factors


Related Questions

This picture clicked by me
How's it​

Answers

Answer:

This is absolutely stunning.

Explanation:

I love photography too so this really strikes me. It's well taken, love the softness of it and the clarity of the water. Good job! I'm gonna take a screenshot if you don't mind

What did you take it with?

Daniels Inc. has a multidivisional structure. Out of the four divisions Daniels Inc. has, the electronics division failed to meet the performance targets while the insurance division performed better than the performance targets. The last two divisions, automobile and retailing, have both met the performance targets. Daniels Inc.'s top executives are trying to decide how to allocate capital for the next calendar year. Which of the below scenarios is most likely to happen?A. The insurance division will get the highest capital allocation as this division has the best potential to generate more shareholder value. B. All divisions will receive the same capital allocation since this type of organizational structure is aimed at rewarding divisional managers based on achievement of strategic goals rather than financial goals. C. The electronics division will get the highest capital allocation to ensure the division fixes its performance issues and reach its performance goals. D. The automobile and retailing divisions will receive the highest allocation as their performance exactly matched the performance goals set by the corporate headquarters. right answer only

Answers

Answer:

B

Explanation:

#carry on learninggggg

Explain the impact of strikes as a socio-economic issue on businesses.​

Answers

19 Sep The Effects of strikes on Businesses and Employees

Employment relationships between both parties could become strained and this could affect teamwork and profitability. Businesses suffer production and financial losses and consumer confidence is adversely affected.

Which of the following statements about industry lifecycle is false? Select one: During the growth stage of the market life cycle, customers are more likely to establish brand loyalty than in other stages. As markets mature, application for patents increase. As markets mature the magnitude of differentiation and cost leadership advantages among competitors decrease. Prices are lower in the growth stage compared to the introduction stage due to economies of scale and learning effects.

Answers

Answer:

During the growth stage of the market life cycle, customers are very likely to establish brand loyalty.

Explanation:

Industry life cycle

This explains the stages or cyles from beginning to end of a product in a market. Some products go through these stages. It consists of four stage which are

1. introduction

2. Growth

3. Maturity

4. Decline

Growth stage

The characteristics of this stage is that product or brand finds its way or gains market acceptance sales start to rise, Competitive reaction will determine life expectancy of the product and sales promotion and distribution play a vital role in this stage. It is the period when sales are increasing at their fastest rate.

The statement above is false due to the fact that In the growth stage of market life cycle, the primary objective is to buildup consumer preferences for the specific brands. A lot of this needs to be considered and put in place such as strong brand recognition, differentiated products, and the financial resources to support a variety of value-chain activities such as marketing and sales, and research and development.

Mr. White sends his acceptance for a business contract to Mr. Green. But Mr. White put insufficient postage on the envelope. One day later, Mr. Green revokes the offer through the mail. Mr. White, upon receipt of the undelivered acceptance, overnighted the acceptance letter to Mr. Green. The overnighted acceptance letter reaches Mr. Green before the revocation letter reached Mr. White. If a court finds that the UCC rule applies, a valid acceptance occurred and a contract was created between Mr. White and Mr. Green.True or False

Answers

Answer: True

Explanation:

In business, terms of agreement which is concluded earlier stands a better chance to stand over decisions taken at the later moment.

The means of communication here affected how the communication went. They both used mail postage but that which were initially agreed would stand over that which is being cancelled later.

Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If that happened, the drachma might be worth less than the euro. When using fiat money like the drachma, the key to acceptance is that households and firms have confidence that if they accept drachma in exchange for goods and services, the drachma will not lose much value during the time they hold them. If sellers were not willing to accept the drachma in exchange for goods and services, the drachma would not serve as

Answers

Answer:

A medium of exchange

Explanation:

A medium of exchange is a system where it is used to facilitate the sale, purchase, trading of the products & services between the parties

Since in the given situation,  it is mentioned that the seller would not willing to accept the drachma in exchange of goods & services so here the drachma would not be served as a medium of exchange

hence, the same would be relevant

Integrated marketing communication (IMC) requires a big-picture view of promotional planning; a total strategy that includes all marketing messages. You work for a multinational beverage company headquartered in Singapore. You have been put in charge of developing comprehensive marketing communication packages and want to ensure that you maximize the benefits for your company. To reach this goal, you work with department heads around the world to ensure that marketing and communications objectives support the corporate mission and strategies, and keep all staff informed about new developments. You also work with external partners, including advertising and PR agencies, to achieve a cohesive message for your brand and products. Which of the following statements is most likely to be true about your IMC effort? a. Your target market will be identified after the company has established an IMC strategy. b. Sending a unified positive message about your company is often not a priority. c. Developing multinational integrated marketing communication is likely to contribute to the duplication of communication efforts. d. IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone.

Answers

Answer: IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone

Explanation:

Option A is wrong as the target market will not be identified after an IMC strategy has been established by the company.

Option B is wrong because it's important to send a positive message that's unified about the company.

Option C is wrong as the development of the multinational integrated marketing communication won't lead to the duplication of communication efforts.

The statement that is true about the IMC effort is that "IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone.

Therefore, the correct option is D.

Explain how the amount of a down payment affects your monthly mortgage payments.

Answers

Answer:

The more money you put down, the smaller your principal value becomes. Having a smaller principal value will make your monthly payments smaller.

Explanation:

The amount of a down payment you pay will affect your monthly mortgage payment. If you put a larger down payment on your mortgage/loan you will pay less in monthly mortgage payments. If you put a smaller down payment you will end up paying more monthly.

Lev Knossos sells high tech equipment and software to companies in Greece. When he first started selling to Greek businesses, he was told that the Greek market lagged behind others in the use of technology. After conducting research, Knossos visited the Commercial Bank of Greece and explained how his products could create Web pages for the bank and facilitate banking transactions. By applying his product knowledge to solve a technology issue that he identified, Knossos took the role of: Tactical partner. Creative problem solver. Low-involvement decision maker. Transactional partner. Exchange creator.

Answers

Answer: Creative problem solver

Explanation:

Creative problem-solving refers to the process of finding a solution to a problem that doesn't have a solution before. It is an previously unknown and an original solution to a problem.

Creative problem solving is when an individual gets creative in order to develop new ideas and therefore get the solutions to the problems encountered.

Since Knossos visited the bank and explained how his products could give the bank solution to help facilitate banking transactions, he's a creative problem solver.


(What is local technology? Differentiate between traditional technology and modern

technology into 3 points.)​

Answers

Answer:

The technology that people use to assist their activities in daily life is called local technology.

And for the differences check the pic. hope it helps :)

Explanation:

Things like smartphones, tablets, gaming systems, and computers are examples of modern technology. Traditional technology includes things like handicrafts that were created before computers were invented.

What are modern technology and its importance?

Modern technology is also providing tools to help us change people's lives and improve their conditions. These are the people who can improve their proficiency by using a cultural instrument. Modern technology refers to products, services, and infrastructure that are designed and built with the help of scientific knowledge and engineering. This includes software-based information technology, computers, and networks.

Prior to the Internet and mobile phones, traditional technology was used. Modern technology makes use of the Internet and mobile devices, allowing people to use it more quickly than traditional technology. Furthermore, it is possible that artificial intelligence was used in modern technology rather than traditional technology.

Learn more about modern technology here:

https://brainly.com/question/18770704

#SPJ2

what is the ownership structure of a company or firm?

Answers

Answer:

I think it's called a chairman if that's what your asking not entirely sure but I wanted to help you. Please give me brainliest too I only need 4 more until virtouso

Explanation:

The answer would be a business organization

llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050​

Answers

Answer:

B. $740

Explanation:

In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit

Total number of bottles produced a year = 10 * 12 = 120 bottles

Cost of production = Advertising + manufacturing cost

Cost of production = 100 + (120 * 5) = $700

Revenue = 120 * 12 = $1,440

Profit = 1,440 - 700 = $740

A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage


Please select the best answer from the choices provided

A
B
C
D

Answers

Hopes this helps:

Answer: A. Service

Please mark as brainlist
A.
Service i did this

Managers are accountable to some stakeholders whose interests they represent. These

stakeholders are:

Customers

Employees

Owners

Shareholders

Society

Government


1. Conduct a research to explain how is management responsible to EACH of these stakeholders. [18 marks]


pls help me

Answers

Answer:

see explanation

Explanation:

Stakeholder is anyone interest in the operation of a company or affected by the decision of the company.

Each stakeholder has its own interest and this is listed below :

Customers

They expect to receive value for money out of the firm products or services.

Employees

They are looking up to management for better remuneration for their manpower.

Owners

They seeking a maximum return from their investment in the company. Management run the company on their behalf as stewards.

Shareholders

They also seek maximum return from their investment in the company.

Society

The community expects the company to be a good corporate citizen and improve the social factors of employment, sustainability and environmental issues

Government

The government expects the company to be tax compliant and to pay its dues on time.

Your beloved 15-year-old dog is very sick. He won’t eat, can barely walk, and looks miserable. The vet says you
should consider “putting him down” to spare him suffering. You can’t bear to part with him. What should you do?

Answers

Answer:

Put him down. If you truly love your dog you would put your feelings aside and end his pain.

I've had to make this decision before and it is incredibly painful, but it's for the sake of your dog.

HELP PLZ NO DOWNLOADS OR LINKS IT WILL BE REPORTED AND ANY UNHELPFUL ANSWERS

Answers

far left = top left

middle left = top right

left middle = bottom right

far left = bottom left

Which of the following phrases best describes O*NET?


A financial guide for students

A job search site

A career exploration tool

A college information database

Answers

Answer:

Job search site

Explanation:

....................

Answer:

C.

A career exploration tool

Explanation:

Not sure if this is right, but it's the best guess

What are the most important skills a public relations specialist must possess?
Analytical skills
Communication skills
Interpersonal skills
Organizational skills

Answers

Communication skills

by means of the internet search for an employment test that may be used in companies for selection purposes give the name of at least two companies and describe how their tests are conducted.

help mga mare​

Answers

Answer:

The two companies are:

1. Mercer

2. Aen

Explanation:

1. The name of the tests. The tests are administered online https://www.practiceaptitudetests.com/top-employer-profiles/mercer-assessments/. There are four categories:

The various categories of tests are:

Numerical Verbal Logical SituationalPublisher

2. Adaptive Employee Personality Test (ADEPT-15®)

This is also administered online at https://www.asia.aonhumancapital.com/home/for-employers/people-and-performance/employee-assessment-and-selection/adaptive-employee-personality-test

This one is more personality inclined. It is for determining employees who are culture fit.

Cheers

____The _______the down payment, the ______you have to borrow.
A.Smaller, less
B.More, more
C.More, less
D.Less, less

Answers

Answer: C.More, less

Explanation:

When you have much to do with money and it resolves you to borrowing, the more the down payment, the less you have to borrow. Having more would make you not to borrow much for the situation.

Noah’s family has been out of control with their spending lately. They have decided to come up with a spending plan to help them manage their money. What is Noah’s family going to create?

A. a personal financial statement


B. a stock portfolio


C. a budget


D. a net worth statement

Answers

Answer:

The correct answer is C. A budget.

Explanation:

A budget is a document whose function is to organize the money flows of a certain organization, reflecting the financial effects of the different decisions that the organization makes. Thus, the budget is a coordination between the wants and needs, and the economic possibilities that the organization has to meet those wants and needs. In addition, a budget allows to determine economic and financial objectives, and control the entry and exit of money efficiently, to avoid certain unnecessary expenses, thus optimizing the return on money.

Correct Answer: a budget

Questionnnnnnnnn helppppp

Answers

Explanation:

Nationalization often happens in developing countries and can reflect a nation's desire to control assets or to assert its dominance over foreign-owned industries. Often, the companies or assets are taken over and little to no compensation is provided to the previous owners. It is used to gain profit and control the industry.

which income tax system is based on tax brackets

Answers

Answer:

The Answer is Progressive Tax.

Explanation:

My teacher explained this to us.

Workforce diversity is decreasing.
True
False

Answers

Answer:

false

Explanation:

hope it helps you have a good day

Answer: b. False

Explanation:

The US workforce diversity is NOT decreasing.

Over the next six years, the population will become more diverse in virtually all demographic groups, according to the Bureau of Labor Statistics. Women's labor-force participation will rise from 46.8 percent in 2014 to 47.2 percent in 2024.

list four marketing activities.​

Answers

Answer:

Marketing is composed of four activitiescentered on customer value:creating,communicating,delivering and exchanging value

Which of the following of statements are true of a "disruptive innovation"? I. A factor favoring the success of disruptive innovation is that incumbent firms are slow to change. II. Disruptive innovators take advantage of incumbent firms’ excessive focus on making mostly minor improvements on existing technologies. III. Disruptive innovation has the potential to result in creative destruction.

Answers

Answer:

I. A factor favoring the success of disruptive innovation is that incumbent firms are slow to change.

Explanation:

In the theory of business, the disruptive innovation is defined as the innovation or technology which creates a new market and also value network and it eventually disrupts or destroys the existing market or the value market. It displaces the existing established markets and firms.

It tries to capture the market or the firms from bottom up, first capturing the low end. One of the factor that favors the success of the disruptive innovation is that the existing markets are very slow to changes.

Did the government know how the houses would act if there was a flood?

Answers

Answer:

no, because floods vary

Explanation:

Not at all because anything could happen in that time period of an flood

You are a human resources manager. What are some of the things you need to be thinking about in order to make the company be able to attract, train and retain
employees? Plz help this is urgent.

Answers

Answer:

Administrative expert. Administrative tasks remain a major part of the HR role.  

HRM knowledge and expertise. ...

Proactivity. ...

Advising. ...

Coaching. ...

Recruitment and selection. ...

HRIS knowledge.

I hope this helps! :)

A difference between workplace diversity and affirmative action is that: Question 26 options: unlike diversity programs, organizations that pursue affirmative action programs do so voluntarily. affirmative action guarantees diversity, whereas diversity does not guarantee affirmative action. organizations cannot achieve diversity without affirmative action, whereas affirmative action can take place without diversity. affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.

Answers

Answer:

affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.

Explanation:

Affirmative actions are steps taken to increases the representation of underrepresented groups in the workplace, school or government. The purpose of affirmative action is to reduce discrimination.

affirmative action came into prominence in the 1960s with the Civil Rights Acts of 1964

Diversity is a voluntary process. It is the measures taken to accept minority groups

An institution might take affirmative actions but may not be diverse.

An institution might be diverse without taking affirmative actions .

Affirmative action does not guarantee diversity. Affarmative action require

Which of the following examples demonstrate common education and qualifications for Health, Safety, and Environmental Management careers? Check all that apply.

Houston is good at leading and supervising other workers.
Penny is very creative and can think of new ways to solve problems.
Melinda is good at explaining safety instructions to workers.
Caron has good mechanical knowledge of how diesel engines work.
Edgar has a bachelor’s degree.
Kent is a very good driver.

Answers

Answer:

B,C,E

Explanation:

100% on Edg

Answer:

2)Penny is very creative, and can think of new ways to solve problems.

3)Melinda is good at explaining safety instructions to workers.

4) Edgar has a bachelor’s degree.

Explanation:

Got it right on edge :)

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