1. Product Development and Manufacturing
A product that competes with the Maui Onion Style Chips is made by the Mondelez International conglomerate under the brand name of Nabisco is Cheese Nips. ... A 7 oz. box of Cheese Nips retails to the consumer at a price of $2.99. ... (Mondelez, 2015) Thus, the price to manufacture the Cheese Nips can be derived by applying the gross margin to the selling price to get the price the product is manufactured which is $.76. (.38*$1.99=$0.76). ... The crunchy texture is one of the reasons it is my favorite snack and why I am willing to pay more for it. ...
- Word Count: 1408
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School