Year 1 Year 2 Gross Room Rate $245.00 Direct Costs (35% of GRR) $85.75 Net Room Rate $159.25 Expenses-(Fixed) $60.00 Net Profit $99.25 Profit Margin 40.51% a. Determine the Profit Margin if the Gross Room Rate increases by 15% in year 2. b. In dollar and percentage terms, how much did Net Profit increase in year 2? c. In relative term (% increase), how much did profit margin increase in year 2? d. What would the Gross Room Rate need to be if a Profit Margin of 50% is required? e. What is the relationship between the change in Gross Room Rate and the change in Profit Margin?

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is