Psychology 1009 Lecture Notes - Lecture 62: Standard Deviation, Profit Margin, Net Income
Document Summary
Le club francais is a renowned wine club which was established in 1973, and it is known to use its quality to offer its members good wine. Since most of the wine consumers buy their wines from the supermarket, they capitalize on their profits through the use of the mid-size growers. For the director to be able to come up with an excellent catalog that will satisfy the demand that is in the market, he will have to analyses how the wine demand is performing in the current market. This needs accuracy before selecting for the next season. There is need to have precise and accurate analyses to determine the quantity of wine that will be ordered for the upcoming season. The gross profit margin 50% the cost of capital is derived to be 15 %, the discount provided in a cave has the red wine to be.
