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Minchanka [31]
3 years ago
15

McDonald's conducts a value chain analysis of Burger King and discovers that Burger King's logistics and procurement of inputs a

re less costly than its own, which allows Burger King to achieve a higher profit margin. This is an example of Select one:
a. analyzing support activities.
b. identifying the cost drivers for each activity.
c. analyzing primary activities.
d. analyzing competitors’ pricing.
e. assessing willingness to pay.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
5 0

Answer:

The correct answer is letter "D": analyzing competitors’ pricing.

Explanation:

Companies tend to analyze their competitors' pricing to review what are other firms of the same industry doing to obtain revenue. This study usually involves verifying competitors' raw material, labor, and manufacturing pricing. The best practices can be adapted to the analyzing company so revenue can be maximized.

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It is a good way of keeping up with your fianances
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4 years ago
Compute the standard cost for one hat, based on the following standards for each hat: Standard Material Quantity: 3/4 yard of fa
Taya2010 [7]

Answer:

$21.65

Explanation:

The computation of the standard cost is shown below:

= Material cost + labor cost + factory overhead cost

where,

Material cost = 3 ÷ 4 × $5 per yard

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Labor cost = 2 hours × $5.75 = $11.5

And, the factory overhead cost is

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So, the standard cost is

= $3.75 + $11.5 + $6.4

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3 0
3 years ago
Universal Containers is experiencing a drop in profitability due to excessive sales discounting. What can Universal Containers do
nika2105 [10]

Answer:

A, D,  E

Explanation:

Universal Container can monitor how the discounts are affecting profitability by evaluating the difference between discounted and listed price. They can then reduce the discounts to increase profits if this is the reason for reduced profitability.

If this is not responsible for falling profits, it may be that too many products are available in a sales discounting opportunity. Universal Containers can remedy this by reducing the number of products included in an offer.

Their falling profitability can also be controlled by putting a management approval process in place, ensuring that the effects of a sales discounting plan on profitability are always considered.

5 0
3 years ago
Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.
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Answer:

The long and short-term consequences of not promoting equality or working to reduce poverty are:

1. the poverty gap widens, causing many more of the population to become poor while a few become richer.

2. extreme poverty becomes the norm, thereby hampering societal progress.

3. discrimination and social classes become oppressive.

Explanation:

Economic equality describes a situation that ensures that every individual in a society has an equal economic opportunity to make the most of their lives and talents by having some access to resources.  Equality reduces discrimination among certain groups of the population, especially those with protected characteristics such as race, disability, sex, and sexual orientation.  It ensures the fair distribution of natural resources among the population, according to their individual needs and capacity.  It does not mean sameness in social or economic status.

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