If a company adapts or changes both a product and the communications, the company engages in a process called ________

A) straight extension
B) product reinvention
C) product adaptation
D) dual adaptation
E) full adaptation

D

Business

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Trina Productions is a price-taker

The company produces large spools of electrical wire in a highly competitive market; thus, it uses target pricing. The current market price of the electric wire is $800 per unit. The company has $3,100,000 in average assets, and the desired profit is a return of 6% on assets. Assume all products produced are sold. The company provides the following information: Sales volume 110,000 units per year Variable costs $690 per unit Fixed costs $13,000,000 per year If fixed costs cannot be reduced, how much reduction in variable costs will be needed to achieve the desired target? A) $186,000 B) $13,000,000 C) $1,086,000 D) $75,900,000

Business

Only movable goods come under the scope of Article 2 of the UCC

Indicate whether the statement is true or false

Business