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MBA 560 w7 DQPick a publicly-traded company and exam the company products. If the company produces many products, please pick one important product and explain why and how it is important formanagement to understand cost-volume-profit relationships. Remember, a company can be selected once for the discussion.Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT.Procter and Gamble have provided consumers with many products over the past century. Consumers have come to rely on the value and variety of products ranging from baby diapers to cleaning products. Procter and Gamble have invented innovative ways in which to compete with competitors in the same markets and have remained a staple in many households today. Maintaining a competitive edge, the company has had to implement processes to save on raw materials and inventory, while increasing revenues and maintaining their attraction to consumers.The company had a reported “gross profit margin in 2019 of 48.63 % and a gross profit margin of 48.88% in 2014” (Stock Analysis, 2020, para 1). Procter and Gamble per stock analysis have been able to maintain a steady gross profit margin over the past few years. Although the company has performed well with more and more companies offering consumers more economical household cleaning products and baby supplies, the company needed to look for newer innovative ways to stay attractive to consumers. Procter and Gamble, like all companies that provide products and services, also need to consider the cost-volume relationship within the manufacturing and marketing of their products offered. Increasing sales and revenues, while decreasing overhead and operational costs, PG implemented innovative ways to re-market existing products.