Pricing

If the volume of the sales were to increase by 15 percent, by how much would EPH’s profit increase? Briefly comment. (6 marks) 3) If the revenue figure increases to £600,000, what would be the impact on profit?Briefly comment.

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Pricing John Exeter, the owner of Exeter Public House (“EPH”) recently attended a management taster session. John was enlightened by the speaker about the use of financial statements as a management tool. After the event, John has phoned you, who currently prepared EPH’s financial statements, a couple of questions for him to decide the future … Read more

Discuss the disruptive impact of electronic format distribution of products such as books and music. How have these industries changed?

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Distribution and Pricing Distribution: Discuss the disruptive impact of electronic format distribution of products such as books and music. How have these industries changed? Pricing: Define revenue management and using examples, show how businesses are using it to improve pricing strategy. Submission Instructions: Your initial post should be at least 200 words, formatted and cited … Read more