Price must exceed cost to make a profit, but price cannot exceed the customer's perception of value or you will have difficulty selling the product. you are considering basic methods for determining price, either a cost-based approach or a value-based approach. although both cost and customer perceptions of value are important, for now you focus on one aspect. to make a decision, you ask the v. p. of finance and the v. p. of customer service for advice. listen to their opinions, and then decide which approach you would like to take to evaluate the best price. once you choose an approach, you will use it to determine what to do next?
Answers: 2
Business, 22.06.2019 15:50, jackievelasquez7881
Singer and mcmann are partners in a business. singerās original capital was $40,000 and mcmannās was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmannās share of the income be if the income for the year was $15,000?
Answers: 1
Business, 22.06.2019 20:20, jskdkfjf
Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.
Answers: 2
Price must exceed cost to make a profit, but price cannot exceed the customer's perception of value...
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