It is reasonable for a company’s management team to abandon efforts to win contracts to supply private-label footwear to chain retailers in a given year when the benchmarking data in the latest FIR indicates that most sellers of private-label footwear had a margin over direct costs per pair sold that was below $5.00 per pair sold. chain retailers require footwear-makers to supply a minimum of 300 different models/styles of private-label athletic footwear. o company managers anticipate that more than 50% of rival firms are likely to bid for private- label contracts. projections for the upcoming year indicate that buyer demand for its branded footwear across all 4 regions is strong enough to earn attractively high profits selling all of the branded pairs it! can produce (including maximum use of overtime) at its existing production facilities. the data in the latest Competitive Intelligence Report indicates that one or more sellers of private-label footwear in the prior year had as much as a 25% market share of private-label sales in one or more geographic regions.
It is reasonable for a company’s management team to abandon efforts to win contracts to supply private-label footwear to chain retailers in a given year when the benchmarking data in the latest FIR indicates that most sellers of private-label footwear had a margin over direct costs per pair sold that was below $5.00 per pair sold. chain retailers require footwear-makers to supply a minimum of 300 different models/styles of private-label athletic footwear. o company managers anticipate that more than 50% of rival firms are likely to bid for private- label contracts. projections for the upcoming year indicate that buyer demand for its branded footwear across all 4 regions is strong enough to earn attractively high profits selling all of the branded pairs it! can produce (including maximum use of overtime) at its existing production facilities. the data in the latest Competitive Intelligence Report indicates that one or more sellers of private-label footwear in the prior year had as much as a 25% market share of private-label sales in one or more geographic regions.
Answer
Question=It is reasonable for a company’s management team to
abandon efforts to win contracts to supply private-label footwear
to chain retailers in a given year when
Answer= Projections for the upcoming year indicate that buyer
demand for is branded footwear across all 4 regions is strong
enough to earn attractively high profits selling all of the branded
pairs it can produce ( including maximum use of overtime) at is
existing production facilities
Reason- when the company is in condition to sell all of its
production along with the units produced when using overtime there
is no need for it to apply or put the efforts to win the contracts
as it will have the required revenue from the sales only