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Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%. Your variable cost is $16 per unit. You are thinking of hiring 10 more salespeople. The annual cost per salesperson (including salary and benefits) is $120,000. In addition, each salesperson receives as a bonus 10% of the sales he or she generates. How much should your market share increase to make this a profitable action? (Hint: To solve the problem you need to calculate the price per unit and then calculate the new contribution per unit that will reflect the added cost of the 10% bonus given to the salespeople.) You must show all calculations to receive credit
Specifications for a part for a DVD player state that the part should weigh between 24.4 and 25.4 ounces. The process that produces the parts has a mean of 24.9 ounces and a standa
Shalit Corporation's 2008 sales were $7 million. Its 2003 sales were $3.5 million. At what rate have sales been growing? Round your answer to the nearest hundredth.
Which of the following is not a criterion used in forming segments? Potential for increased profit Similarity of needs of potential buyers within a segment Competitive pos
Describe how the components of the Hawthorne study are incorporated in current human resource functions? What was the main idea behind this study?
"...incorporation is no longer the special privilege it once was". Discuss this statement. Does it have any impact on businesses (those not incorporated?)
Is Logistics planning more important than any other type of business planning? WHY or Why not?
Base on the case study: Weldon Hand Tools; how would the layout need to be adjusted as demand for this and similar products builds up?
Relation with types of manufacturing plant location and layout.?
Organizations are structured to take advantage of their inherent strengths and also to minimize their inherent weaknesses. For example, an organization may outsource its purchasing
1. Maggie Company produces a light fixture with the following unit costs: Direct Materials: $2 Direct Labour: $2 Variable Cost: $3 Fixed Cost: $2 UNIT TOTAL COST: $9 The
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