Question

What further information do you need to assess the benefits and problems of creating higher contribution margins and profit margins based on the design manager’s proposals for the new crinky can?

a) The specific cost breakdown of producing the new crinky can
b) Market research on the demand for the new style cans
c) Analysis of competitors offering similar design variations
d) Feedback from potential commercial customers on the new design

Answer 1

To assess the benefits and problems of creating higher contribution margins and profit margins for the new crinky can, further information is needed. This includes the specific cost breakdown, market research, competitor analysis, and feedback from potential customers.

Step-by-step explanation:

To assess the benefits and problems of creating higher contribution margins and profit margins based on the design manager’s proposals for the new crinky can, the following further information is needed:

1. The specific cost breakdown of producing the new crinky can.
2. Market research on the demand for the new style cans.
3. Analysis of competitors offering similar design variations.
4. Feedback from potential commercial customers on the new design.