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Zen Internet was founded in 1995 [2] by Richard Tang (then Managing Director, now CEO) [3] after a drink in the pub, [4] and was one of the first ISPs in the United Kingdom. Zen began by providing Internet access to schools and small businesses in the Rochdale area.
Markup price = (unit cost * markup percentage) Markup price = $450 * 0.12 Markup price = $54 Sales Price = unit cost + markup price. Sales Price= $450 + $54 Sales Price = $504 Ultimately, the $54 markup price is the shop's margin of profit. Cost-plus pricing is common and there are many examples where the margin is transparent to buyers. [4]
Pricing is the process whereby a business sets and displays the price at which it will sell its products and services and may be part of the business's marketing plan.In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of the product.
Zen Cart is an online store management system. [2] It is PHP -based, using a MySQL database and HTML components. Support is provided for numerous languages and currencies , and it is freely available under the GNU General Public License .
In business, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labor. Businesses often set prices close to marginal cost during periods of poor sales.
Zen Cart: Zen Ventures 2003-06 [32] 2.0.1 [33] 2024-05-19: GPL: PHP: MariaDB, MySQL [34] Creator First release date Latest stable version Latest release date License Language Supported databases Web application framework CMS extension
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