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When a business or organisation sets a set target profit which they expect to acheive by the end of a month, quarter or year.
For Example:
An organisation such as a car dealership will set this as a target to their sales team to sell a set ammount of cars that month to enable them to reach their target profit
This can be checked out by recording the sales and looking at a cashflow forecast.
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∙ 14y ago
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Give the definition of target profit pricing?
Target-Profit-Pricing Target-profit-pricing method involves identifying the price at which a product will be competitive in the marketplace, defining the desired profit to be made on the product, and computing the target cost for the product by subtracting the desired profit from the competitive market price Jason
What is target setting?
Target setting is objective setting. Most of the ordinary people would say businesses' main aim is to make profit. True enough, but this may not be the case; profit is not the main priority for all business organizations. However, if a business doesn't have clear objectives it's more likely to fail - at some point. Nowadays many companies have a mission statement to ensure they have an overall vision for the company, and they work hard to achieve their targets.
What is Target return-on-sales pricing?
A firm may set an annual target of a specific dollar volume of profit, which is called target profit pricing.
What is a target setting?
A Target setting it depends if you mean the store (usually just around the block). Or in the game archery which would be in the middle - of coarse. try asking your question being more suspusific. like "where is the Target setting in Archery?" or "where is the closes Target?"
What is profit oriented objectives?
their main goal of course is to gain more profit for the target market.
Why would target setting help an athlete?
So they can work there hardest to achieve that Target.
What are the objectives of price setting?
Pay for product and make a profit
Unit contribution margin to attain profit target?
Unit contribution margin is the per unit contribution by any unit sold towards recovering fixed cost and then achieving target profit.
Which warming blanket has a specific temperature setting?
You should get the warming blankets at Target with the digital temperature setting.
What is the target in bakeries?
The usual goal (target) in bakeries is to produce excellent baked goods that customers want to buy and thereby to earn a profit.
How does target setting and goals affect sports performance?
because if you set a target you will want to reach your goal and do better in your performance
Who is the target market for internet cafe?
people who give a business a good run an a profit
