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Kim,the Chief Marketing Officer for Pepsi,considers the controllable factors - product,price,promotion,and place - as the company's:
Prime Costs
The sum of expenses for the raw materials and labor directly involved in the manufacturing of a product.
Conversion Costs
The aggregate expenditure on direct labor and manufacturing overheads used for turning raw materials into final products.
Frosting
In a culinary context, a sweet and fluffy coating or filling, usually made from sugar, butter, and flavorings, used to decorate or fill cakes and pastries. If referring to a financial term, there is no widely recognized definition fitting "frosting."
Prime Costs
The direct costs directly attributable to the production of goods, including direct materials and direct labor.
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