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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
Compare and contrast the benefits of using qualitative and quantitative data collection methods as they apply to organizational development (OD).
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
critic facility layout of an organisation
To develop what you believe is a terrific idea for a video game, you lease 50,000 square feet in an office building from Commercial Property, LLC, under a written five-year lease.
The school cafeteria can make pizza for approximately $0.30 a slice. The cost of kitchen use and cafeteria staff runs about $200 per day. The Pizza Den nearby will deliver whole pi
Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of
Explain important provisions of factory act, 1948. The significant provisions of Factories Act, 1948 are given below: a) Health: The following are the significant provisions
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What are Best Buy Inc. strategic objectives?
Sink and Tuttle strategic matrix Sink and Tuttle (1989) conducted a review of literature and identified several criteria for measuring a company. Their framework builds on th
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