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A company increases the price of its products at the following rate Rs 150 in the product range up to Rs 4000 Rs 200 in the product range from Rs 6000 Rs 250 in the product range from Rs 8000?
Wiki User
∙ 15y ago
A company increases the price of its products at the following rate Rs. 150 in the product range up to Rs. 4000. Rs. 200 in the product range from Rs. 6000 Rs. 250 in the product range from Rs. 8000 Rs. 300 in the product range from Rs. 10000 Rs. 350 in the product range from Rs. 12000 Rs. 400 in the product range from Rs. 14000. No increase in the price if the price of product is 16000 or above. What benefit company will receive on sale of one item of each product if there are 30 products with the following price 3700 3900 4200 5000 5500 5700 5800 6200 6400 7200 7900 8000 8100 8800 10300 10700 11200 11400 11500 11600 11800 12200 13000 13100 13200 13800 13900 14200 15000 15000 ( Hint: Use class interval ) A company increases the price of its products at the following rate Rs. 150 in the product range up to Rs. 4000. Rs. 200 in the product range from Rs. 6000 Rs. 250 in the product range from Rs. 8000 Rs. 300 in the product range from Rs. 10000 Rs. 350 in the product range from Rs. 12000 Rs. 400 in the product range from Rs. 14000. No increase in the price if the price of product is 16000 or above. What benefit company will receive on sale of one item of each product if there are 30 products with the following price 3700 3900 4200 5000 5500 5700 5800 6200 6400 7200 7900 8000 8100 8800 10300 10700 11200 11400 11500 11600 11800 12200 13000 13100 13200 13800 13900 14200 15000 15000 ( Hint: Use class interval )
Wiki User
∙ 15y ago
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Why should a company put its energy into developing new products?
Any product has a lifetime of four stages. This lifetime may be longer or shorter depending on the type of the product, advertising and other factors. If a business stops developing new products their old products will eventually stop bringing them money and a company will stop operating.
Why is it important for a comapny to know how different products contribute financially to overall company profits?
When a business knows what products contributes the most financially, they can establish a production environment around these products, which helps maximize their profits. Managers look at product margins to determine which products are most profitable.
3 types of business and organization and differentiate?
* service * merchandising or trading * manufacturing service companies- these are companies that do deal with tangible products, but rather provides some sort of service as its major operation. merchandising companies- are involved in selling of finished goods produced by other business. * wholesale merchandiser- is a company that buy its product from the manufacturer and then sells the product to the company that eventually sells it to the consumer. * retail merchandiser- is a company that buy its product from a wholesales or manufacturer and then sells the product to the end consumers. manufacturing companies- are involved in the conversion of raw material into some tangible,physical product.
Why do some companies discontinue their products?
Company executives may decide to discontinue their products for several reasons, but the primary reason is it that continuing to produce the item is no longer profitable. Other reasons may include, but are not limited to, the following: 1) There is no longer a demand for the item. Another competitor may have developed a substitute that is cheaper and/or better quality. 2) The raw materials (the items used to make the product) are no longer available or are prohibitively expensive. If the raw material price goes up and the company is unable to raise their price to compensate, it does not make financial sense to continue making the product. 3) A new product has been developed to replace the existing product. For instance, automotive manufacturers do not make Model Year 2001 vehicles in 2005. The primary reason for any major managerial decision is because it either does or does not make financial sense to continue or discontinue making a product.
List of products of reliance in India?
type of product in reliance
What is a company product negiligence?
The company product negligence refers to the failure of the company to take appropriate action about their products.
What is the product mix of a company?
The product mix of a company is the total composite of products offered by that organization.
What are the advantages of being a market-oriented company?
· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size
What are the advantages of being a market oriented company?
· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size
What are product of pepsi?
Fanta products are originated from the pepsi company
Why operating leverage decreases as a company increases sales and shifts away from the break-even point?
This is because it is cheaper to make each product. You can then sell more products without having higher costs.
Difference beteween a product development company and IT service company?
Product based company is one which develops the its own products like hardware monitors , keyboard etc . Product based company uses there own idea to introduce theire product and they work on them from scratch to product. whereas Project based companies provides services to those products or to projects which were developed by other companies.
What is a company that does not produce any products or services?
A Holding Company does not produce any product or service.
What is core product?
A company's core product is the number 1 thing the company sells most of. For example Kentucky Fried Chicken's core product is chicken. All the other products such as mash potatoes, corn, biscuits are not the core product, but rather additional products.
Definition of derived demand?
Derived demand - sales of business products that frequently result (or derive) from the sales of consumer products. Example, consumer demand for Ford cars increases, the company may increase its demand for paint spraying equipment ( a business product).
What happens to the price when there is a shortage of products?
The prices increases, because the demand is higher for the product, since there is less of it.
What is it called when a company pays to show its products on tv?
Product Placement.
