(a)[8]
Identify and explain how MF’s four departments below are likely to be influenced by the launch of its new product. Marketing: Human Resources (HR): Operations: Finance:
(b)[12]
Using the information provided in Appendix 3, consider the two options below for MF’s new product. Recommend which option MF should choose to secure the highest profit for the new product. Justify your answer. Option 1 - increase the price per carton from $5 to $7.50: Option 2 - lower the variable cost per carton from $2.50 to $2.00: Recommendation: