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Rufina [12.5K]
1 year ago
15

Which of the following is the most important competitive factor in determining a company's ability to secure contracts to supply

private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region? Copyright by Glo-Bus Software, Inc. Copyin, distributing, or and party website posting sexpressly prohibited and constituts copyright violation The price at which the company offers to supply the retailers with private-label pairs The promised delivery times to chain retailers (1, 2, 3, or 4 weeks) The S/Q rating assigned to the company's private-label footwear The number of models/styles the company offers to supply The company's prior-year market share of global private-label footwear sale
Business
1 answer:
Bogdan [553]1 year ago
7 0

The company's price offer is the most important competitive factor in determining a company's ability to secure contracts to supply private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region.

The S/Q ratings of both branded and private-label footwear manufactured at each production plant can be raised through TQM/Six Sigma quality control systems and best practices training.

Five things affect the S/Q rating: The following factors should be taken into account: (1) current-year spending per footwear model for new features and styling; (2) the percentage of superior materials used; (3) current-year expenditures for Total Quality Management (TQM) and/or Six Sigma quality control programs; (4) cumulative expenditures for TQM/Six Sigma quality control efforts (to reflect learning and experience curve effects); and (5) current-year and cumulative expenditures to train employees in using the best practices to assemble athletic footwear.

Know more about S/Q ratings click:

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Explain the similarities between monopolistic competition and oligopoly.
scZoUnD [109]
Oligopoly<span> is a small number of large firms and </span>monopolistic is<span> a large number of small firms.</span>
7 0
3 years ago
A prospective buyer who is represented by a broker signs a contract to purchase a property serviced by a septic system. The sell
alexgriva [62]

Answer:

The correct answer is "No".

Explanation:

  • BRRETA seems to be a customer safety state law that regulates the interaction involving real estate developers including brokerage customers in Georgia throughout designed to safeguard either brokers or customers from problems that might occur within the organization concerning the interaction between some of the entities.
  • Underneath the law, only "natural" consideration needs to be exercised by the broker as well as the brokerage will also not be found accountable for recommending a customer to undertake a matter in which the client may fairly operate independently.
7 0
3 years ago
Max's Kennels spent $220,000 to refurbish its current facility. The firm borrowed 60 percent of the refurbishment cost at 5.95 p
d1i1m1o1n [39]

Answer:

The monthly payment is $2184.52

Explanation:

Given

Total\ Amount\ Spent\ = $220,000

Amount\ Borrowed = 60\%

Rate = 5.95\%

Duration = 6\ years

Required

Monthly\ Payment

Firstly, the loan amount has to be calculated

The Question says; of the total amount spent, only 60% was borrowed;

So;

Loan = 60\%\ of\ 220,000

Loan = 132,000

The monthly payment can then be calculated using the following formula

Amount = P * \frac{r}{12} * \frac{(1 + \frac{r}{12})^n}{(1 + \frac{r}{12})^n - 1}

Where P = Loan Amount = 132,000

r = rate of payment = 5.95% = 0.0595

n = duration (in month)

n = 6 years

n = 6 * 12 months

n = 72 months;

Substitute the above parameters in the formula;

Amount = P * \frac{r}{12} * \frac{(1 + \frac{r}{12})^n}{(1 + \frac{r}{12})^n - 1} becomes

Amount = 132,000 * \frac{0.0595}{12} * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}

Amount = \frac{132,000*0.0595}{12} * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}

Amount = \frac{132,000*0.0595}{12} * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}

Amount = 654.5 * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}

Amount = 654.5 * \frac{(\frac{12.0595}{12})^{72}}{(\frac{12.0595}{12})^{72} - 1}

Amount = 654.5 * \frac{(1.0049583)^{72}}{(1.0049583)^{72} - 1}

Amount = 654.5 * \frac{1.42777239524}{1.42777239524 - 1}

Amount = 654.5 * \frac{1.42777239524}{0.42777239524}

Amount = 2184.51925155

Amount = 2184.52\ (Approximated)

<em>Hence, the monthly payment is $2184.52</em>

7 0
3 years ago
Businesses commonly rely upon groups to make decisions because of the many advantages to group decision making.
sertanlavr [38]

Answer:

The correct answers are letters "A" and "D": More acceptance of the final decision is likely; More information and knowledge are available.

Explanation:

By making decisions in groups, all the members have an opportunity to share their ideas on what and how things should be done. Group decision-making will allow <em>obtaining as much information and knowledge</em> a group can provide. Besides, as the eventual decision will be the result of the mixture of the different ideas proposed, it is more likely than <em>most members of the group will accept the course the group will take</em>.

7 0
3 years ago
Because the slope of the production function becomes flatter as more capital is added, the marginal product of capital is
allochka39001 [22]

As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".

<h3>What is marginal product of capital?</h3>

The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.

This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.

  • Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon.
  • The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.

To know more about the importance of marginal product, here

brainly.com/question/14867207

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7 0
2 years ago
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