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2. Assume that you would start a business of having a hot dog truck at KPU Surrey campus (32) Identify your fixed costs and variable
2. Assume
that you would start a business of having a hot dog truck at KPU Surrey campus (32)
- Identify your fixed costs and variable costs (4)
- Identify pricing tactic you would deploy? (2)
- Decide on a selling price for your hot dog (consider you have only one size) (2)
- what is your mark up? (2)
- Based on your selling price, what is your contribution? (2)
- How many hot dogs do you need to sell to make a profit per month? (Do a Break-even analysis)
- (5)
- What should be your daily average sales quantity (assume you open 20 days per month) (2)
- What are things you could do to lower your break-even sales quantity? (3)
- What are some things you could do to make sure you meet your break-even point as quickly as
- possible? (3)
- Identify some of your pull strategies? (4)
- What type of promotions would you do to improve your sales? (3)
(Full marks will be aw
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