Number of Workers

stepan [7]

Develop new products. Innovative companies understand that in order to grow, they must continue to develop new products and services. "No executive today is unaware of the strategic need for winning new products," writes Robert G. Cooper in his book, Product Leadership: Creating and Launching Superior New Products. "And so the pressure is on virtually every leadership team to deliver great new products. The new corporate motto is 'innovate or die.'"

Learn how to delegate. "As organizations grow increasingly complex, duties and responsibilities across the workforce can become less well defined," writes Robert Heller in How to Delegate. "Often it seems as though everyone is doing everyone else's job. Delegation is the manager's key to efficiency, and benefits all." In other words, in order to scale the business, a CEO needs to learn how to delegate so he or she can focus on the company's bigger picture issues.

3 0

4 years ago

Is it possible for one country to have both an absolute advantage and a comparative and a comprative advantage over another coun

dezoksy [38]

Answer:

Yes

Explanation:

Because every country has a advantage.

6 0

3 years ago

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales

Ivenika [448]

Answer:

20.5%

Explanation:

Calculation for what Staley Co.'s margin of safety ratio (MOS%) if 600 units are sold would be

First step is to calculate Break-even amount

Break-even = $80,000/($480-$312)

Break-even= 476.19

Break-even= 477 approximately

Second step is to calculate the Margin of Safety

Margin of Safety = 600-477

Margin of Safety= 123

Now let calculate the margin of safety ratio

Margin of safety ratio=123/600

Margin of safety ratio=20.5%

Therefore Staley Co.'s margin of safety ratio (MOS%) if 600 units are sold would be 20.5%

7 0

3 years ago

Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale

Firlakuza [10]

Answer:

B) the sale of goods to a customer.

Explanation:

When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.

For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account Debit Credit

Cash $1,200

Sales Revenue $1,200

Cost of Goods Sold $1,000

Finished Goods Inventory $1,000

7 0

3 years ago

Harold Manufacturing produces denim clothing. This year, it produced 5,150 denim jackets at a manufacturing cost of $41.00 each.

Bond [772]

Answer:

Incremental income from

alternative 1 = $ 41,200

alternative 2 = $ 23850

alternative 3 = $ 34,450

Explanation:

Data provided:

Number of denim Jackets manufactured = 5,150

Cost of each jacket = $ 41.0

Alternative 1:

Selling cost of the second hand clothes = $ 8

Therefore,

the incremental income generated from the alternative 1 = 5,150 × $ 8

= $ 41,200

Alternative 2:

Disassembling cost = $ 32,800

selling cost of each jacket = $ 11

therefore, the incremental income generated from the alternative 2 = Income from selling the jackets to recycler - Disassembling cost

or

the incremental income generated from the alternative 2

= ($ 11 × 5150) - $32,800

or

= $ 23850

Alternative 3:

Reworking cost = $ 102,800

selling cost of each jacket = $ 45

Number of jackets that can be sold = 3,050

therefore, the incremental income generated from the alternative 3 = Income from selling the jackets - reworking cost

or

the incremental income generated from the alternative 2

= ($ 45 × 3050) - $ 102,800

or

= $ 34,450

7 0

3 years ago