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Preface | ||
1 | First Words | 1 |
What You Will Find in This Book | 2 | |
2 | Why You Should Learn Some Economic Theory...but Only a Little | 5 |
Two Divisions of Economics | 5 | |
Learning Some Microeconomics | 6 | |
Why Is It So Hard to Use Microeconomics? | 7 | |
What Microeconomics Offers to a Manager and What It Doesn't Offer | 12 | |
Managerial Economics | 14 | |
Now to Use Microeconomics | 14 | |
3 | What Every Marketer Needs to Know About Costs | 17 |
Variable Costs | 17 | |
Fixed Costs | 19 | |
Semi-Variable Costs | 20 | |
Programmed Costs | 20 | |
Avoidable Costs | 22 | |
Traceable Costs | 22 | |
Actual Costs | 23 | |
The Mix of Costs | 23 | |
Marginal Costs | 24 | |
Sunk Costs | 24 | |
Opportunity Costs | 28 | |
How to Classify Costs | 33 | |
Summary | 37 | |
4 | Elements of Marketing Arithmetic | 39 |
Gross Margins | 39 | |
Retailing Arithmetic | 47 | |
How to Use Marketing Arithmetic | 51 | |
5 | Averaged Marginals - What Marginal Analysis Says | 53 |
The Marginal Principle | 53 | |
Averages | 58 | |
Marginals | 63 | |
Marginals and Averages Are Easy to Confuse | 66 | |
Examples of Marginal Thinking | 68 | |
If Marginal Analysis Is So Great, Why Doesn't Everyone Use It? | 72 | |
How to Use Marginal Thinking in Analyzing Marketing Problems | 72 | |
6 | The Marketing Control Statement | 75 |
How to Prepare a Marketing Control Statement | 75 | |
Advantages of the Marketing Control Statement | 77 | |
What's Wrong with the Marketing Control Statement? | 81 | |
What's Wrong with Using Allocated Costs? | 82 | |
How to Use the Marketing Control Statement | 83 | |
7 | Break-Even Points and Just-Cover Points | 85 |
The Traditional View of a Break-Even Point | 85 | |
How Marketers Use Break-Even Points | 85 | |
Shortcuts to Figuring Break-Even and Just-Cover Points | 89 | |
How to Use Break-Even and Just-Cover Points | 96 | |
Appendix | 96 | |
8 | Contribution Analysis - Why Didn't We Make Plan? | 99 |
Two Examples to Get Started | 99 | |
Variance Analysis | 103 | |
Variance Analysis - Another Pass | 108 | |
Variances for Market Size and Market Share | 112 | |
A Wrap-Up | 114 | |
How to Use Contribution Analysis | 115 | |
9 | Last Words | 117 |
Appendixes | 119 | |
Problems | 121 | |
Answers to the Problems | 148 | |
Index | 183 |
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Add Pushing the numbers in marketing, This book covers in vivid, clear prose the basic accounting tools that marketers need to develop profitable marketing programs: costs, marketing arithmetic, marginal analysis, and contribution accounting. It is thorough and up-to-date, and has a hard-as-n, Pushing the numbers in marketing to the inventory that you are selling on WonderClubX
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Add Pushing the numbers in marketing, This book covers in vivid, clear prose the basic accounting tools that marketers need to develop profitable marketing programs: costs, marketing arithmetic, marginal analysis, and contribution accounting. It is thorough and up-to-date, and has a hard-as-n, Pushing the numbers in marketing to your collection on WonderClub |