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However, the higher prices have resulted in sales decline in terms of volume; therefore, the real sales have decreased as an outcome. In other words, the company is losing its market share. Using given information, it should be highlighted that the product line has relatively inelastic demand; therefore, the increase in prices leads to less than proportional decrease in demand. Also, it should be argued that the net marketing contribution is stable because price hikes also raise company’s profit margin, which then enable the firm to assimilate losses from decrease in sales volume. Nevertheless, the firm has increased product’s market price due to surge in costs of doing business and subsequently the inflation. However, the cost structure and pricing strategy should be brought in-line because there is reasonable room to reduce market prices. For instance, it would be better to use competitive pricing strategy, after analyzing prices of substitute products, to tempt maximum customers towards company’s market offerings. In this way, the rationalization of market prices will help enhancing sales volume and consequently the market share. This may probably lead to increase in marketing contribution if demand increases by more than proportional decrease in prices.
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One of these important functions includes the regulation of money supply in the country. This is dealt by the monetary policy of that particular country that has its limitations and demand serious attention from not only the policy makers but also the public who would have to follow these policies.
Financial markets are further divided into money markets and capital markets. Money markets deal in securities with a maturity date within one year. Capital markets mature in longer time frames. Bonds are debts with a maturity date, the investor loaned the business money. A stock has no maturity date; the investor owns a portion of the business.
It has been supposed that "Sales Ethics is an Oxymoron", along with that's how many individual perceive it. It's not an Oxymoron, other than organizations that expand an Ethics agenda for the incorrect motives could, in actual fact, generate a status that is precisely conflicting to their intention.
All three of the monetary policy tools serve important purposes for the economy. Particularly all these essentially are instruments which the central banking authority of any particular economy uses to regulate the money supply (M). Particularly all three of these policies work by expanding or contracting the monetary base of an economy.
Therefore, we would expect for the year characterized by the higher level of total retail sales to have also higher level of online retail sales and vice versa. The relationship between two variables can be described using the linear equation.
Correlation is widely used in the everyday business situations when it is necessary to determine the presence and strength of the relationship between two variables.
(Farinha & Marques 2001). The government often employs fiscal policy, monetary policy or a combination of both to sway the economy back to an equilibrium position. The manner in which the government employs both policies may result to either fiscal or monetary dominance.
lar where there is a dearth, one of the most commonly used methods used by employers to attract the best candidates to their firm is to offer good monetary rewards, such as high salaries, signing bonuses and attractive benefits (Pfeffer, 1998). There are two components to
Envision is an Information Technology (IT) based company. The company is a profit organization that successfully employs 20000 employees across 17 different countries. There are 2000 individuals in the management level who speak a diversity of languages. The company employs diverse individuals who are governed by multiple regulatory environments.
In the essay the advertisement message will be designed to introduce the different total rewards, benefits and compensation programs offered. Monetary payments such as base wage/salary, variable pay, Piece-rate, commission and bonus will be quoted so as to convince prospective employees in joining the organization.
2 Pages(500 words)Essay
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