1. What are the pitfalls of using coercion as a method of implementing change?
2. An appliance retailer purchased a small vacuum cleaner for $98.99. He plans to take a 45% markup. What will the selling price be?
3. MyAppliance+ is adding a new wine cooler to its appliance product mix. To implement the new cooler it will have a fixed cost of $250,000 but the selling price is $150.00 with a variable cost of $86.99. MyAppliance+ wants to make at least $50,000 of profit the first year with this new product. How many wine coolers does the company have to sell to reach this profit goal?