Crooks Corporation Processes Sugar Beets in Batches That It Purchases

question 165

Multiple Choice

Crooks Corporation processes sugar beets in batches that it purchases from farmers for $57 a batch. A batch of sugar beets costs $12 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $28 or processed further for $17 to make the end product industrial fiber that is sold for $67. The beet juice can be sold as is for $39 or processed further for $24 to make the end product refined sugar that is sold for $54. Which of the intermediate products should be processed further?

• A)beet fiber should be processed into industrial fiber; beet juice should be processed into refined sugar
• B)beet fiber should be processed into industrial fiber; beet juice should NOT be processed into refined sugar
• C)beet fiber should NOT be processed into industrial fiber; beet juice should be processed into refined sugar
• D)beet fiber should NOT be processed into industrial fiber; beet juice should NOT be processed into refined sugar

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Definitions:

High Pressure Techniques

Sales strategies that aggressively push potential customers towards making a purchase decision quickly, often making them feel uncomfortable.

Sales Process

A systematic approach consisting of several stages designed to help a sales team convert prospective buyers into actual customers.

Talent Management

The strategy of developing, recruiting, retaining, and deploying individuals with the required skills and aptitudes to meet current and future organizational needs.

Marketing Mix

The set of actions, or tactics, that a company uses to promote its brand or product in the market, commonly identified as the 4Ps: Product, Price, Place, and Promotion.