Get Expert Assistance with Activity-Based Management 220 Pricing and Product-Mix Decisions Homework Help
The overhead costs can be assigned to different products, services or even segments meant for customers. This process of striking a balance between the overhead expenses and the activity meant to allocate them judiciously is known as Activity based costing. Students can opt for the activity-based management 220 pricing and product-mix decisions homework help that is found online, especially the best ones from myhomeworkhelp.com.
The main target of this activity is to bring down the cost and improve the customer value. Studies show that this can be divided into two sectors as detailed:
- ABC data can be used to increase the efficiency of the Activity based costing.
- The process or steps which improve the value of the product or service need to be found and are improved. Such a stage is called operational ABM.
More about ABM
There exists a second stage where those activities are sorted. This process is helpful in bringing out the products which need to be developed. And in this quest, considerations are about the activities that must be put to effect. It is termed as strategic ABM, and is used as for profitability analysis of the customers. The above stated methods can be found well explained in activity-based management 220 pricing and product-mix decisions homework help. Referring to them is vital for proper attention.
Activity based Management has a risk associated with it. Say if we have an amiable work environment then it may not be so that it is also included in the agenda of ABM. A customer might show loss based on certain actions, but it may pave ways to come up with greater benefit in a new market.
Again it may not be properly identified as potential ones in an ABM strategy. The various examples in excellent activity-based management 220 pricing and product-mix decisions homework help can help the students resolve issues.
Important facts about product mixing
- Now, by product mix decision we intend to point at the decisions that account for addition of or removal of a product.
- With this, the firm targets to either add a new product line or expanding its already existing line or even bringing into picture new specimens.
- This task is upon the marketing managers to decide the minimal length of the product line by the addition of newer items to the list.
- It can also be by removal of an item. This is termed as product line decision.
- Again there exists something as line stretching decision which targets upon expanding a product line out of the bounds of its current status.
This expansion can be targeted at any directions, which is aptly given in activity-based management 220 pricing and product-mix decisions assignment help by myhomeworkhelp.com.
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