what charts or lines should I provide for theses 2 question? Normal NoSpecing He
ID: 3751727 • Letter: W
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what charts or lines should I provide for theses 2 question? Normal NoSpecing Heading 1 Heading 2;) . 10ta sales -l Orcosts and Expenses Title "uross rront (2) Where can they focus theirefforts to improve profitability while producing quality products a affordable prices? If Bae's Bees wants to improve profitability while producing quality products at affordable prices, they need to focus their efforts on honeycomb products because it has more possibility to increase its profits. There is still room for improvement since it is high profit, medium cost and lowest sales volume. Basically they receive high profit from it but the sales are very low, so if they focus heavily on this product line and produce high quality products, their profit can increase even more. (3) Based on their current business model, what additional products and services should they consider adding and why? As we can see from the sales analysis that the "Farm Tours" which was generating only $200 sales in Qtr1 has reached sales of $3100 by Qtr4. This seems to suggest that there is latent demand among the consumers to visit and experience nature and also be able to see where their food products are coming from in addition to this being an educational recreational trip for families with kids and school groups. This is not only a good source of increasing revenues from existing core activities but also can help market their products (through word of mouth) and create great recall value and customer loyalty. Therefore, I believe the Bae's Bees should look at similar lines of products /services which can be easily built around the existing infrastructure and can also complement their current business lines & product sales like weekend honey making classes or school tours to create wider awareness and market reach. Focus h (United States)Explanation / Answer
Solution A : For this Question , You can go with line chart ( prefer points and lines chart ) because we need to show only "profitability on the basis of quality at affordable price" ( Means "profitability" vs "Quality at affordable price" ). So , if we have one dependent and one independent variable , then we prefer to go with line chart.
Solution B : For this Question , You can go with "Stacked Column Chart" because by stacked column chart , we can easily show "Year wise Sales" and "Year wise Costs and Expenses" in a single chart at the same time.
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