In your initial post, discuss which plan of action you would choose and why. Explore the two options mathematically, and then state your choice. Justify your decision. Discuss the impact your strategy will have on net profit.
Question Description
As a manager or business owner, you will face many difficult decisions. Review the following scenario for a major specialty retailer based in the United States. The jewelry department had net sales of $1 million. The direct expenses during the period under consideration were:
| Expense Category | Expense Amount |
| Buying salaries | $125,000 |
| Selling salaries | $275,000 |
| Advertising | $90,000 |
| Receiving and marking | $15,000 |
| Wrapping and packing | $10,000 |
The gross margin achieved during this time was 48.0%. After reviewing this performance, management decided that expenses must be reduced. The manager was given the choice of either (1) reducing the advertising budget to a maximum of $50,000 or (2) eliminating a salesperson, which would reduce selling salaries by $50,000.
In your initial post, discuss which plan of action you would choose and why. Explore the two options mathematically, and then state your choice. Justify your decision. Discuss the impact your strategy will have on net profit.
Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."
Complete the 
Complete the order payment after filling in the order form. We’ll receive your order and assign it to a writer.
The assigned writer will complete your paper and forward it to our Editing Team for review and approval.
Once approved by the editor, the completed paper will be uploaded to your account for you to download, review and approve.