Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
In review, Vaseline's marketers improved their annual profit performance by adding a 5% incremental increase to the price of Vaseline with confidence that they wouldn't lose as much revenue as they gained from the tactic (because of intense customer loyalty, showing the power of strong brands). In fact, they only lost 1% of the revenue they would have gotten had they only taken the traditional 2% price increase (based on the prevailing inflation rate). Instead, they increased the price by 7% (2% normal + 5% incremental) and successfully improved their profit margin that year by nearly 5%. Here's your problem to solve:
Assume:
Vaseline's normal annual profit margin is 10% (dependent upon a normal 2% inflationary price increase)
Vaseline increased its price 7%
Vaseline lost 1% of revenue due to the extraordinary price increase
The net effect of the 7% price increase yielded a 14.9% profit margin (an almost 50% increase in the annual profit margin)
Now, show how a 7% price increase combined with a 1% revenue loss resulted in a final profit margin of 14.9% for Vaseline. (This is a simple equation and does not involve any sophisticated accounting tricks. If you read the problem carefully and apply what you learned this week about profit calculations, you can easily discover how the math works.) Show how you arrive at your answer.
Compute the priorities for each pairwise comparison matrix. Determine the overall priority for the two investments, CCC and SRI. Which invest- ment is preferred based on yield and risk?
We live in a very complex and culturally diverse society. When we bring individuals together from diverse backgrounds in a work environment conflict can arise when expectations are not realized or met. Rather than hoping conflict will go away, thi..
The use of reward systems in OD change programs
With more and more project teams being formed in matrix format, what changes need to be made to your company's incentive, pay, and reward processes? Who is responsible for ensuring that matrix personnel are appropriately protected and compensated?
Netflix announced its decision to restructure its business. However it was not well received by customers. Following the backlash, its CEO apologized to the customers. But it made the matter worse. If you were in charge of marketing communication and..
Determine two constraint equations for this LP problem, but do not solve! Hint: The number of constraint equations must equal the number of decision variables. Only two are required
Discuss the author(s) contention that in addition to ensuring the solvency of social security, the government should also consider how to increase benefits for recipients. how much would this increase in benefits add to the burden on future taxpayers..
One Sandwich Blitz location is near a public assistance housing complex, which is populated by a large segment of displaced natural disaster survivors, many of whom are of various ethnic groups. Based on your reading on Corporate Social Responsibilit..
Corey sold his property to Greer, who signed the contract right to Bob. The original contract of sale provided for an extension of credit by Corey to Greer and did not require a total cash payment at the time of closing. Is a contract for the sale of..
The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy..
Design an entity-relationship model based on the following rules: A Customer can have one account, and an account can be owned by one customer. A Customer can watch many Streaming movies, and a streaming movie can be watched my many Customers. A Cust..
Discuss the importance of keeping all project stakeholders informed on the issues relevant to them with respect to projects. What is meant by a project stakeholder
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd