This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Break-even charts are useful at times. What are some of their weaknesses? What will be an ideal ... (Read 40 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Aug 10, 2018
Break-even charts are useful at times. What are some of their weaknesses?
 
  What will be an ideal response?

Question 2

The purpose of merchandising is twofold: to retain a store's loyal customer base and to increase the percentage of total business generated by these loyal customers.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Aug 10, 2018
Answer to Question 1

Useful as they are, break-even charts can be only a rough approximation of profit. This is, in part, because assumptions must be made regarding allocation of costs. Cost allocations are good only over short ranges of sales volume. When they are extrapolated beyond that range, the analysis is less exact. In addition, this analysis works best when there is only one product. In a restaurant where there are many items on the menu, mark-ups will vary and an average will have to be used. This limits the accuracy of the analysis.

Answer to Question 2

TRUE


charchew

  • Member
  • Posts: 579
Reply 2 on: Aug 10, 2018
Gracias!

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

About to break the surface for air at Kona, Hawaii About to break the surface for air at Kona, Hawaii
Taking off is one of the main times albatrosses use flapping to fly, and is the most energetically d Taking off is one of the main times albatrosses use flapping to fly, and is the most energetically d
People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat
Anatomical Charts Foot and Ankle Anatomical Charts Foot and Ankle
Inhalers used to deliver asthmatic drugs: (a) Metered-dose inhaler. The patient times the inhalation ... Inhalers used to deliver asthmatic drugs: (a) Metered-dose inhaler. The patient times the inhalation ...
Try an afternoon glass of cold grape juice for a refreshing break Try an afternoon glass of cold grape juice for a refreshing break
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library