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Javier is the business manager at his college. In his role, Javier makes a lot of business decisions. Javier has installed a vending machine in
Javier is the business manager at his college. In his role, Javier makes a lot of business decisions. Javier has installed a vending machine in a dorm for soft drinks. The machine rents for $200 a month and the electrical use is minimal. Javier buys soft drinks for $.25 each and charges $.75 each from the vending machine. Currently, the machine has a sales volume of 400 cans a month. What is the current profit or loss from the machine?
Bath & Body Works brand shower gels retail for about $12.50 a bottle, while Suave Naturals shower gels retail for about $3.00 a bottle. A recent survey conducted by Suave revealed that many people enjoy the Suave gel fragrances just as much as the Bath & Body Works fragrances. Why might some people still be willing to pay a higher price for the Bath & Body Works products? a. The higher price of Bath & Body Works products guarantee they work better. b. The higher price of Bath & Body Works products will make some people perceive them as better quality. c. It is widely known that products sold in exclusive boutiques, such as Bath & Body Works, are better than products sold in grocery stores, such as Suave. d. The lower price of Suave products indicates that they are made from lower-quality materials. QUESTION 14 Which of the following is NOT typically moved through a short distribution channel? a. Heavy-duty construction equipment b. Pediatric healthcare c. Imported women's shoes d. Manicures and pedicures Question Completion Status: QUESTION 13 That guy! Your brother-in-law is finally fulfilling his dream - opening Giordini's Italiano Ristorante and he's put you in charge of marketing. He says he wants to use something called penetration pricing to launch his business. Of all the penetration pricing ideas you come up with, which one are you least likely to use? a. Inserting two-for-one dinner coupons in a local mailer b. Offering a 50% discount off the first pizza when you set up an online account c. Pricing entrees exactly the same as the other two Italian restaurants in town d. Creating a local radio commercial advertising free desserts for first-time visitors points An
Javier is the business manager at his college. In his role, Javier makes a lot of business decisions. Javier has installed a vending machine in a dorm for soft drinks. The machine rents for $200 a month and the electrical use is minimal. Javier buys soft drinks for $.25 each and charges $.75 each from the vending machine. Currently, the machine has a sales volume of 400 cans a month. What is the current profit or loss from the machine?
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