MG Lighting Had Sales of 500 Units at $100 Per

question 67

Multiple Choice

MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volume this year because a 10 percent price increase is needed to pass rising costs through to customers. Returned merchandise will represent 3.2 percent of total sales. What is MG Lighting net dollar sales projection for this year?

• A) $26,976
• B) $69,344
• C) $72,800
• D) $45,254

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Definitions:

Reciprocal Relationship

A mutual relationship in which two or more entities influence or affect each other's development or behavior.

Internal Change Agents

Individuals within an organization who promote and facilitate change efforts, often by encouraging innovation and adaptation to new processes or cultures.

External Change Agents

Individuals or entities outside of an organization who are brought in to facilitate, drive, or implement change within the organization, often to improve performance or address specific challenges.

Adaptability

The ability to adjust oneself readily to different conditions, environments, or scenarios, crucial for both personal development and organizational agility.