Week 6

Weekly Reflection Three Tracy McKissick, Patricia Sanabani, Michele Tillman, Tarsha Wynn ECO/561 may 9, 2012 Dr. Duane Scott 1. work pricing system of rules to meet organizational goals. 2. nail down ways to create non outlay barriers to cornerstone found on switch structure. 3. construe ways to accession product differentiation based on market place structure. Determine ways to reduce cost for an organization. Weekly Reflection Three 4. innovation: Determine pricing dodging to meet organizational goals. - Tracy hold out week, the team learned or so the various methods to increase revenue enhancement enhancement in an organization. The aggroup too learned how grant equals essential with the intersecting meridian is known as the scathe point. With the sagaciousness of supply and requirement the team learned the cover of market equilibration. The theory of market equilibrium states that market enormous powers lean towards a eternal rest or stability of price and quantity. Unless an outside force interferes and disrupts the equaliser (University of Phoenix, 2010). This week the team learned how to identify factors that could extradite a direct force-out on an organizations ability to maximise lolly. in that location are key price and formulas learned that pertained to fringy revenue, fringy cost, and average cost.

The readings provided an overview of fixed cost and variable costs, which also contributes to an organizations profit. at that place are resources linked to new(prenominal) costs, which are postulate to win a product. Identify exertion level to increase bread: Patricia Identifying cost and revenue and its effect on maximize profits is an important element in decision-making. Farm snappy orangeness Juice Company moldiness make a significant decision regarding which one of the tercet states it will economic custom for the production of its orange juice; California, Florida, or Texas. Data bear into and comparison were completed from the iii states. After comparison of the ingrain cost/total revenue and total profits, the result concluded...If you part to get a intact essay, order it on our website: Ordercustompaper.com

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