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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
Case 11-3 Budget the topic for this week's assignment is taken from our text (INF336 2010, Mcgraw-Hill) and refers to the City of Granston Case 11-3 at the end of Chapter 11. Using
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Watch this Video "Blue jean waste". Describe your reaction to this video and how you would respond if you were a leader of one of the corporations involved. In your journal entry
Contrast the advantages and disadvantages of absolute standards and relative standards.
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Important skills required to increase productivity, how a person will manage this in time. Please response fast. Tomorrow is my interview
The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following table. Because of the high physical demands of t
Enumerate the major segmentation variables and provide real-life examples of segmentation done by firms for their products/services.
Finding solutions to problems is affected by how one frames the problem. In other words, what one thinks is wrong will influence what one believes the available solution(s) to be.
Describe three major important roles of entrepreneurship in the American economy.
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