High importance on pricing and maintaining margins

Assignment Help Operation Management
Reference no: EM131282949

Which of the following accurately depicts why business managers place such high importance on pricing and maintaining margins?

A. Pricing decisions cause top-level marketing executives more concern than any other strategic marketing decision areas because pricing is viewed as having a more direct link to the firm’s bottom line.

B. Pricing decisions cause top-level marketing executives very little concern compared to other strategic marketing decision areas because pricing is viewed as having a more direct link to the firm’s bottom line.

C. Pricing decisions cause top-level marketing executives very little concern compared to other strategic marketing decision areas because pricing has an indirect link to the firm’s bottom line.

D. Pricing decisions cause top-level marketing executives more concern than any other marketing decision areas because pricing is viewed as having a more indirect link to the firm’s bottom line.

Reference no: EM131282949

Questions Cloud

Various individual approaches toward managing stress : Discuss the various individual approaches toward managing stress. Discuss the problems underlying the work-life conflict and explain some of the techniques that an organization can use to help employees achieve the work-life balance. Discuss the effe..
Describe the nature of the business operation as a intern : Describe the nature of the business operation as a intern. Describe the organization's culture and structure as a intern (work environment) Define your areas of responsibility (duties and role as an intern).
Difference between gray market and free riding : Discuss the effects of diversity within a group on group performance. Which of the following properly explains the difference between Gray Market and Free Riding?
Write down the decision variables and objective function : The american Sausage company (ASC) makes sausages in 1000 pound batches. The ingredients are beef, fillers (including spices) and preservatives. Ingredients costs are as follows: beef costs $2.50 per pound; fillers costs $1.20 per pound and preservat..
High importance on pricing and maintaining margins : Which of the following accurately depicts why business managers place such high importance on pricing and maintaining margins?
Does the action violate company or professional standards : At Cooks' Corner, a kitchen equipment store, most employees work less than 40 hours per week. However only employees who work a minimum of 40 hours per week are eligible for health insurance. Is the action illegal? Does the action violate company or ..
What is the global mindset and why is it important : What is the Global Mindset and Why is it Important?” Using Hofstede’s Culture Model as a reference, what cross-cultural differences may be at play in the Jextra case?
Will texting replace meetings or face-to-face communication : There is debate about whether texting or social media add to productivity or waste time. Part of the problem could be that it is hard to quantify the impact of using technology to communicate in the workplace. Discuss the advantages of texting as a w..
Advantages of mailing a letter as opposed to sending email : What are the advantages of mailing a letter as opposed to sending an email, making a phone call, or writing an online post? Why is it smart to keep your cool when making a claim, and how should you go about it?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd