Traveller Express Travel Healthcare Mgmt.
Margins are down.
For most products, selling price is rarely determined by the firm. It's usually determined by the market. What is determined and managed by the firm is the cost of the product leading to all the interesting financial measurements of profit, EPS and growth. The management of the supply chain is a critical concept of cost reduction. A value chain is a high level model of how businesses receive raw materials as input, add value to the raw materials through processes and sell finished products to customers.