Answer is 33.30% | ||||
Explanation: | ||||
Selling price | 12 | |||
Less: Cost of product | 9 | |||
Mark up amount | 3 | |||
Divide: Cost | 9 | |||
Mark up as % of cost | 33.30% | |||
Question 19 (1 point) A marketer is considering selling its products through large office supply retailers....
Question 11 (1 point) For a consumer products marketer who is selling to a reseller, which of the following statements regarding reseller needs is MOST LIKELY correct? Resellers rarely seek promotional support from a marketer since most resellers prefer to do their own promotion and not be restricted by what a product marketer may want in exchange for offering promotional support. Resellers are not very concerned about a product's package since they know they have little input in how it...
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An online company sells hundreds of office supply products on
its e-Commerce store. It has asked you to design and implement a
sales order processing system which will be used by users in our
Operations department to process sales orders. Here is an overview
of the sales order process. Customers make purchases by placing
orders. Each customer has a customer number and profile (such as
name, shipping address). To simplify the matter, each time an order
is placed, only one...