Sebastian Enterprises sells a product for $25 per unit and has the following costs for the product
The company received a special order for 100 units of the product.The order would require rental of a special tool which costs $200.What is the minimum price per unit that Sebastian Enterprises should charge for this special order if they wish to earn a $300 profit on this order? Assume there is sufficient idle capacity to accept this order.
Definitions:
Organisational Goals
Objectives set by an organization that guide its operations, strategy, and decision-making processes.
Employee Incentive Scheme
A program designed to motivate employees by providing rewards or benefits based on performance or achievement.
Performance Targets
Specific goals set for individuals or teams to measure and evaluate their efficiency and effectiveness.
Intrinsic Motivation
The drive to do something because it is inherently interesting or enjoyable, without needing external reward or recognition.
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