Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned at the present time?
A. cost cutting B. standardization C. long production runs D. increase capacity E. fewer rapid product changes
Answers
Standardization should a firm with a product in the maturity stage of its life cycle be LEAST concerned at the present time.
Standardization is the process of developing, promoting, and sometimes requiring, standards-based, interoperable technologies and processes within a particular industry. Technology standards specify technology quality and consistency and can ensure compatibility, interoperability, and security.
The goal of standardization is to ensure some degree of consistency or uniformity for a particular practice or operation within a selected environment. An example of standardization is Generally Accepted Accounting Principles (GAAP), which all companies listed on a US stock exchange must comply with.
Standardization is the process of creating protocols to guide the creation of goods or services based on the consensus of all industry stakeholders.
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Related Questions
What negative consequences might a company face if they failed to keep accurate financial records
Answers
Answer:
Taxes
Explanation: a negative consequence you may face is paying more taxes than what is called for, you have you pay it otherwise tax fraud is a thing. Not only that but when tax return comes around you won't get paid the full amount. Hope this helps.
How can you use these questions to help you better develop your own leadership skills? Explain
Answers
Answer:
I can use these questions to help me better develop my own leadership skills by setting long-term goals. I think goals could really help in the future and if we complete them, that is even better. By setting long-term goals, you can prepare and plan for the future.
Explanation:
Hope this helps.
financial intelligence, revised edition: a manager's guide to knowing what the numbers really mean hardcover pdf
Answers
This is a famous book which is written by Karen Berman , Joe Knight and John Case.
What does it teach?
The book teaches us about the importance of numbers.It talks about up to date and helps to teach the basics of finance to managers. It also addresses various issues that have become important for understanding financial crisis along with broader financial and accounting literacy.It gives non-financial managers the confidence, knowledge, experience and responsibility.Hence, the book is an experience in itself. It talks about various roles, numbers and financial numbers.
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Edwin Company uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $24,200. An additional 96,000 units were started into production during the month. There were 20,000 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $585,900 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs
Answers
Answer:
$5.77
Explanation:
Beginning WIP 22,000 units (20 % complete, 80% need to be completed in current month)
Beginning WIP 22,000 units*(100 - 20%) 17,600 units
Units started & completed in current month 66,000 units (96,000-20,000)
Ending WIP 20,000 units * 90% 18,000 units
Equivalent units of production 101,600 units
Cost per equivalent unit for conversion costs = $585,900/101,600 units
Cost per equivalent unit for conversion costs = $5.7667323
Cost per equivalent unit for conversion costs = $5.77
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to –3. The firm's marginal cost is constant at $20 per unit.
Answers
Answer:
2/3P
$30
Explanation:
Here is the complete question
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -3. The firm’s marginal cost is constant at $20 per unit.
a. Express the firm’s marginal revenue as a function of its price.
b. Determine the profit-maximizing price.
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is a utility company
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
If the absolute value of price elasticity is greater than one, it means demand is elastic.
Marginal revenue = price x (\(\frac{1 + E}{E}\))
Where e = elasticity
MR = P x \(\frac{1-3}{-3}\)
MR = 2/3P
Joan, the editorial head of a daily newspaper, implements a change to the newspaper's outline. He discusses this change with Sylvia, the marketing head of the company, and advises her to improvise the marketing strategy based on the updated outline. In the context of organizational authority, Joan is most likely exercising _____.
Answers
Answer: staff authority
Explanation:
From the question, we are informed that Joan, the editorial head of a daily newspaper, implements a change to the newspaper's outline and he then discusses this change with Sylvia, the marketing head of the company, and advises her to improvise the marketing strategy based on the updated outline.
The organizational authority, that Joan is most likely exercising is the staff authority. This is the power given to an employee based on the role or work they do in the organization. He is applying the authority as a staff.
PLZ HELP ECON ?!!!!!
Answers
Answer:
Explanation:
you have to decresase it
Answer:
pick b, decreased.
Explanation:
This morning, you received a phone call alleging you owe a debt. If you dispute this debt, you must write to the debt collector and request verification of the obligation. How many days do you have to send this letter
Answers
Since this has to do with a debt that has been disputed by you, the number of days you have to send this letter is 30 days.
How Many Days Are Required to Send a Debt Dispute Letter?Following the receipt of a phone call from a debt collector concerning a debt that has been disputed, the next action you must take is to write the debt collector a letter within 30 days after the initial contact.
After then, the debt collector must stop all collection attempts until the appropriate verification is acquired.
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The first paragraph or part of a business letter is the
OA. introduction
OB. addresses
OC. supporting details
OD. conclusion
SUE
Answers
Answer:
introduction
Explanation:
I don't know how to explain
The industry characteristics that make it very difficult for firms to achieve strategic competitiveness and earn above-average returns includes all of the following EXCEPT:
a. Low entry barriers
b. Supplier and buyers with strong bargaining positions
c. Strong competitive threats from product substitutes
d. Relatively moderate rivalry
Answers
Answer:
d. Relatively moderate rivalry
Explanation:
The attributes for the industry in order to make it difficult to accomplish competitiveness and earned more than the average returns includes the following things like
a. Less entry barriers
2. Supplier and buyer contains strong bargaining positions
3. The Competitive threat arises from substitutes of product
But it does not involve the rivalry moderation and the same is to be considered
which of the following describes the term productivity
Answers
Productivity is the measurement of physical output relative to each unit of input, typically expressed in labour hours.
What is Productivity?
Productivity refers to the efficiency with which goods or services are produced. Productivity can also be expressed as a ratio of the entire output to a single input, the sum of all the inputs utilised in a production process, or the output per input, usually over a defined time period. The (aggregate) measure of labour productivity, using GDP per worker as an example, is the most common illustration. The selection of a productivity definition (including those that do not refer to ratios of output to input) depends on the goal of the productivity assessment and/or the availability of data. The main cause of variation across productivity metrics is frequently (directly or indirectly) connected to how the inputs and outputs are combined to produce such a ratio-type productivity indicator.
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As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?
Answers
Answer:
He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.
b) José Luis trabajo 7 meses del año. ¿Qué porcentaje del año trabajo?
c) Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas. ¿Qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto?
d) El costo de una camisa es $400 y tiene un descuento del 20%. ¿Cuál es el precio de la camisa con el descuento?
Answers
Answer:
B) 58.3%.
C) 87.5% y 12.5%.
D) $320.
Explanation:
B) Dado que José Luis trabajó 7 meses del año, para determinar qué porcentaje del año trabajó se debe realizar el siguiente cálculo:
12 = 100
7 = X
7 x 100 / 12 = X
700 / 12 = X
58.3 = X
Por lo tanto, José Luis trabajó 58.3% del año.
C) Dado que Lucero presentó un examen en el que 35 preguntas fueron correctas y 5 incorrectas, para qué porcentaje de las preguntas contesto correctamente y qué porcentaje fue incorrecto se debe realizar el siguiente cálculo:
40 = 100
35 = X
35 x 100 / 40 = X
3500 / 40 = X
87.50 = X
Por lo tanto, Lucero contesto un 87.5% de preguntas correctamente, y un 12.5% incorrectamente.
D) Dado que el costo de una camisa es $400 y tiene un descuento del 20%, para determinar cuál es el precio de la camisa con el descuento se debe realizar el siguiente cálculo:
1 - 0.2 = 0.8
400 x 0.8 = 320
Por lo tanto, el costo de la camisa fue $320.
What sports have been founded by an entrepreneur?
Answers
An individual who plans, manages, and takes on the risk of a sport-related business enterprise is known as a sports entrepreneur. There are numerous instances of professional players succeeding in business after leaving sports.
The most well-known professional sport players who successfully transitioned from athletics to entrepreneurship include Payton Manning, David Beckham, John Elway, Magic Johnson, and Venus Williams, to name just a few. Many of you are familiar with his court movements. It is less typical to be aware of his entrepreneur side. However, how many companies does Shaq actually own? Even though the solution is not obvious, it is still amazing.
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Nancy Appleton obtained a $45,000 loan for her start-up business. The SBA guaranteed 75% of the loan. How much has the bank risked losing if Nancy's business fails?
Answers
Based on the percentage that SBA guaranteed out of Nancy's loan, the bank stands to lose $11,250.
How much does the bank stand to lose?The bank stands to lose the amount that wasn't guaranteed by the SBA in the event that Nancy Appleton's business fails.
This amount can be found as:
= Loan amount x ( 1 - percentage guaranteed)
Solving gives:
= 45,000 x ( 1 - 75%)
= $11,250
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sam and paula live together in sam's apartment. in exchange for her share of the rent, paula and sam have orally agreed that paula will provide household services for sam. technically, what occurs as a result of such an agreement?
-income to the service provider.
-a gift.
-meretricious services.
-income to the service recipient.
Answers
Technically, as a result of the agreement, income is generated for the service provider.
What is the result of the agreement in terms of income?In this scenario, Paula and Sam have orally agreed that Paula will provide household services in exchange for her share of the rent. Technically, this arrangement creates income for Paula, who is the service provider.
By providing services to Sam, Paula is earning income through her contribution to the household tasks.
It is important to note that the arrangement described does not constitute a gift since it involves an exchange of services for rent.
The term "meretricious services" refers to services of a sexual nature, which are not mentioned in the given scenario.
Therefore, the appropriate answer is that the agreement results in income for the service provider, Paula.
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What are the different methods of withdrawing cash from the bank?
Answers
Most banks feature ATMs where you can use your debit card to withdraw money from your account. The ATMs at your bank are free to use, however those at other banks may require a fee.
What are the other different methods of withdrawing cash?There are several ways you can withdraw cash from a bank:
Over-the-counter withdrawal: You can ask a teller at a bank branch to take money out of your account.
App for mobile banking: Many banks have apps for mobile banking, which let you use your smartphone to withdraw money from your account. For the transaction to be successful, you might need to utilise a particular ATM.
Check: You are able to write yourself a check that you can cash at a bank or a check-cashing facility.
Cash withdrawals are possible using some banks' online banking systems. For the transaction to be successful, you might need to utilise a particular ATM.
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A pump station has six 500 hp pumps that run an average of 5 hours a day each, a 5 hp sump
pump that operates for 1.5 hrs/day, twenty 100-watt lights that are always on, and six 300-
watt night lights that are on 10 hours a day. What is the monthly operating cost if power cost
8.75 cents per kwh? (A month is 30 days)
Answers
Answer:
4*0.07=energy use per day(x)
(x)*30=energy use in thirty days (y)
Therefore
X=$0.28
Y=$8.4
Explanation:
Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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why is the shareholder's basis in the new stock received in a corporate reorganization the value of the stock received less the postponed gain
Answers
The shareholder's basis in the new stock received in a corporate reorganization is the value of the stock received less the postponed gain because it reflects the economic reality of the transaction.
In a corporate reorganization, the shareholder is exchanging their old stock for new stock, which has a different value and potentially different rights and privileges. The postponed gain represents the difference between the old stock's basis and its fair market value, which was deferred due to the exchange.
By subtracting the postponed gain from the value of the new stock, the shareholder's basis in the new stock is adjusted to reflect the actual economic value of the transaction. This ensures that the shareholder's tax liability is based on the real gain or loss realized in the exchange.
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*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
Answers
Shelley was initially moderately in favor of a proposal to build a city bike path. At a meeting, she learns that not only will the path provide recreational opportunities and allow for some decrease in traffic, but that in towns with paths, the crime rate tends to go down and businesses along the path do better. She is now strongly in favor of the proposal. The theory that best explains her change of opinion is the __________ theory.
Answers
Answer:
The appropriate response is "Persuasive arguments".
Explanation:
A noninteractional concept or philosophy of community judgment predicting choice results via cognitive or conceptual claims produced by individuals before the debate is determined as Persuasive arguments theory.It doesn't see dialogue as an important element of judgment results, although as a potential mechanism for facilitating communication.Thus the above is the right answer.
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
(03.01 MC)
Interest Rates and Interest Charges
8.99%, 10.99%, or 12.99% introductory APR for one year,
Annual Percentage Rate (APR) based on your creditworthiness
for Purchases
After that, your APR will be 14.99% This APR will vary with the market
based on the Prime Rate.
Jonathan is applying for a new credit card. He has missed several loan payments in the past, and his credit
score has been affected. Which introductory APR might he expect to receive on the card?
O 8.99%
10.99%
12.99%
14.99%
A
Answers
Answer:the answer is A
Explanation:
Answer:
A
Explanation:
martin's statement reflects a conflict resolution style called __________, while samir's statement reflects a conflict resolution style called __________.
Answers
Martin's statement reflects a conflict resolution style called compromising, while Samir's statement reflects a conflict resolution style called avoiding.
What are the four methods for resolving disputes?Five conflict resolution techniques, including avoiding, competing, compromising, accommodating, and collaborating, were created by Kenneth Thomas and Ralph Kilmann.
What compromise style is this?Has a middle-ground assertiveness and cooperativeness score. In this mode, you try to find an acceptable solution that only partially satisfies both individual's concerns. conflict without attempting to satisfy either individual's concerns.
What conflict style is cooperative and assertive?Compromising (Moderate Assertiveness and Cooperativeness) – Involves working with others to find middle ground and settling on an agreement regarding the solution.
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what are the compromises when crating the constitution
Answers
Answer:
The three major compromises were the Great Compromise, the Three-Fifths Compromise, and the Electoral College. The Great Compromise settled matters of representation in the federal government.
it should be right if not sorry
.
According to the video, what are some things that Human Resources Managers do? Select four options.
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs
Answers
Answer: 1 4 5 7
Explanation:
Answer:
1,4,5,7
Explanation:
on ed2021
What would it mean to our economy if the government took control of how and when businesses operate? Furthermore, what if they also began seizing bank accounts and/ or property?
Answers
We wouldn’t be able to do anything by ourselves with our own things
Since they would have control of our property and even bank accounts
It is technically taking away our life
Suppose that on January 1 you have a balance of $4600 on a credit card whose APR is 12%, which you want to pay off in 1 year. Assume that you make no additional charges to the card after January 1.
a. Calculate your monthly payments.
b. When the card is paid off, how much will you have paid since January 17 c. What percentage of your total payment from part (b) is interest? a. The monthly payment is $ _____
(Do not round until the final answer. Then round to the nearest cent as needed.)
Answers
To calculate the monthly payments required to pay off the credit card balance of $4600 in 1 year with an APR of 12%, we can use the formula for monthly payment on a fixed-rate loan:
Monthly Payment = (Balance * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Number of Payments))
Where:
Balance = $4600
APR = 12%
Monthly Interest Rate = APR / 12 months = 12% / 12 = 1% or 0.01
Number of Payments = 12 (since we want to pay off the balance in 1 year)
Plugging in the values into the formula:
Monthly Payment = (4600 * 0.01) / (1 - (1 + 0.01)^(-12))
Monthly Payment ≈ 46 / (1 - (1.01)^(-12))
Monthly Payment ≈ 46 / (1 - 0.8874)
Monthly Payment ≈ 46 / 0.1126
Calculating this expression will give us the monthly payment required.
Monthly Payment ≈ $408.85
Therefore, the monthly payment required to pay off the credit card balance of $4600 in 1 year, with an APR of 12%, is approximately $408.85.
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Type the correct answer in the box. Spell all words correctly. What do inventory firms use when moving delicate products? Inventory firms use________ belts when moving delicate products.
its not multiple choice- need help!
Answers
Answer:
conveyor belts
Explanation:
A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.