Let the profit earned before commission was given to P be Rs. ‘100x’ Commission of P = 100x × 0.25x = Rs. 25x Ratio of profit shares of P to Q = 14000:21000 = 2:3 Profit earned by P = (100x – 25x) × (2/5) = Rs. 30x Profit earned by Q = (100x – 25x) × (3/5) = Rs. 45x According to the question 25x + 30x – 45x = 650 Or, 10x = 650 So, x = 65 So, required profit = 65 × 100 = Rs. 6,500
Brand managers can use Twitter strategically to accomplish all of the following, except:
As a step towards reducing our carbon footprint, the government recently made subsidies available to citizens who made their homes more energy-efficient...
Marketing research attempts to identify and define both marketing _____ and _______.
The market testing stage of the new-product process often involves test markets or purchase laboratories in which the variable to test is:
PixaBay allows consumers to download pictures for free or download it for a donation the consumer set themselves. This type of pricing is referred to as:
Consumers' ability to perceive taste differences in chocolate bars is an example of:
Which of the following is an example of non-store retailing?
According to marketing managers, each of the following is an example of a sales driver EXCEPT:
For marketers, the primary objective of coupons is to:
The United States is facing an ongoing trade dispute with China over the flooding of cheap electronics into the country. This dispute is likely to be re...
