Calculate the total sales of a product if the market demand for the product now in the early growth stage of the product life cycle is 2 million units annually, and the product captures 15 percent of this demand with a price of $50 per unit
A) $100 million
B) $15 million
C) $30 million
D) $50 million
E) $75 million
B
Business
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Hindustan Lever recently developed a hard candy flavored with natural fruit juice that it sells profitably in India for the equivalent of 1 cent per piece. This is Hindustan Lever's first-ever candy product. What strategy is evident here?
A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) dual adaptation E) product invention
Business
The cost of the land where the plant which manufactures the common parts is set up falls under ________
A) traceable common costs B) non-traceable common costs C) variable costs D) manufacturing costs E) material costs
Business