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lora16 [44]
3 years ago
14

The global athletic footwear market is expected to experience only very slow growth over the next several years. Nike is the mar

ket leader. According to Boston Consulting Group portfolio analysis, how should Nike treat its athletic shoe business?a. Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.b. Nike should consider exiting the athletic shoe market.c. Nike's athletic shoe business still requires some investment but is likely to produce excess resources that can be invested in other divisions of the company.d. Nike should stop investing in athletic shoe business; it has already reaped all the benifits it is likely to receive.
Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

The answer is: A) Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.

Explanation:

Athletic shoe business is Nike´s cash cow, it can not afford the risk of not investing in it. Even if the market´s growth rate slows down there will always be serious competitors willing to replace them as No. 1 (Adidas). It is a very competitive industry all around the world. So the moment Nike lowers its guard, Adidas will attack them furiously.  

As the market leader Nike needs to constantly invest in new promotions and new technology. It has to fight to keep their share of the market growing, because once it reaches its zenith, then the only way to go is down. If Nike´s shoe business goes down, the whole company´s sales will go down since other business units are complementary to it.

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Selling and administrative expenses include all of the following except:____________. a. shipping document preparation. b. post-
e-lub [12.9K]

Answer:

c. factory overhead.

Explanation:

Selling and administrative expenses can be defined as the operating expenses which comprises of all the costs incurred in the smooth running of a business.

Selling and administrative expenses include all of the following shipping document preparation, post-sale technical support, and customer return processing except factory overhead.

A factory overhead can be defined as the amount of money incurred by a company or business entity in the course of its manufacturing process.

This ultimately implies that, factory overhead refers to cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

The factory overhead costs include costs such as indirect labor, rent, depreciation, utility bills, property taxes etc.

5 0
3 years ago
Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm
Blababa [14]

Explanation:

 1. The computation of the company wide break-even point in dollar sales is shown below:

Break even point = (Traceable fixed expenses + Common fixed expenses   ) ÷ (Profit volume Ratio)  

where,  

Contribution margin = Sales - Variable expenses

= $450,000 - $225,000

= $225,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($225,000) ÷ ($450,000) × 100

= 50%

So, the company wide break even point in dollar sales is

= ($126,000 + $63,000) ÷ (50%)

= $378,000

b. For Chicago

Break even point = (Traceable fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin = Sales - Variable expenses

= $150,000 - $45,000

= $105,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($105,000) ÷ ($150,000) × 100

= 70%

So, the company wide break even point in dollar sales is

= ($78,000) ÷ (70%)

= $111,429

For Minneapolis

Break even point = (Traceable fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin = Sales - Variable expenses

= $300,000 - $180,000

= $120,000

And, Profit volume ratio = (Contribution margin) ÷ (Sales) × 100

= ($120,000) ÷ ($300,000) × 100

= 40%

So, the company wide break even point in dollar sales is

= ($48,000) ÷ (40%)

= $120,000

c. The company wide break even point in sales dollars is $378,000 and the total is $111,429 + $120,000 = $231,429

So, the company wide break even point is greater than the  sum of the Chicago and Minneapolis break-even points due to the common fixed expenses

7 0
4 years ago
In two to three paragraphs, summarize below what you learned about shopping for tires.
Stels [109]
<span>I learned that when shopping for tires, it's good to keep an open mind and go with what you can afford, and get the best quality your dollar amount can purchase. It's best to go to several places that sell tires and get quotes on the tires, and if you can get the same tires for less, go with those. Hope this helped :) </span>
3 0
3 years ago
You observe the price of a good rises and the quantity sold decreases. This is the result of
kondor19780726 [428]

Answer:

This is the result of law of demand and elasticity of demand

Explanation:

The law of demand states that, other things remaining equal, the higher the price of a commodity, the lower the quantity demand of that commodity. Also, the observed goods in the question is a normal good because all normal goods obey the law of demand.

In addition, the price elasticity of demand is ELASTIC. This means the good is sensitive to price. A 1% increase in price will lead to a significant decrease in quantity demanded.

Also the income elasticity of demand is negative, meaning an increase income means the quantity demanded will decrease. This usually happens for inferior goods.

All these three points can cause it

6 0
3 years ago
Creating a Multimedia Presentation to Demonstrate Knowledge of Agriculture, Food, and Natural Resource Careers For this assignme
professor190 [17]

Answer:

Create a bulleted list describing four tasks for Farmworkers and Laborers, Crop that are listed as

common tasks on the O*NET site.  

• Harvest plants, and transplant or pot label them.

• Harvest fruits and vegetables by hand.

• Set up and operate irrigation equipment.  

Create a bulleted list describing four work activities for Farmworkers and Laborers, Crop that are listed

as common work activities on the O*NET site.  

the slide.

• Handling and moving objects.

• Preforming general physical activities.

• Getting information.

• Identifying objects, actions, and events.

Create a bulleted list describing work contexts for Farmworkers and Laborers, Crop that are listed as

common work contexts on the O*NET site.  

to the slide.

• Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or

Controls

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Spend Time Standing

 

Common Tasks for Foresters

Create a bulleted list describing four tasks for Foresters that are listed as common tasks on the O*NET

site.

• Monitor contract compliance and results of forestry activities to assure adherence to

government regulations.

• Plan and supervise forestry projects, such as determining the type, number and

placement of trees to be planted, managing tree nurseries, thinning forest and

monitoring growth of new seedlings.

• Establish short- and long-term plans for management of forest lands and forest

resources.

• Determine methods of cutting and removing timber with minimum waste and

environmental damage.

 

Create a bulleted list describing four work activities for Foresters that are listed as common work

activities on the O*NET site.  

• Getting Information

• Identifying Objects, Actions, and Events

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates  

Common Work Contexts for Foresters

Create a bulleted list describing work contexts for Foresters that are listed as common work contexts on

the O*NET site.  

• Electronic Mail

• Face-to-Face Discussions

• Telephone

• Freedom to Make Decisions    

Common Tasks for Nursery and Greenhouse Managers

Create a bulleted list describing four tasks for Nursery and Greenhouse Managers that are listed as

common tasks on the O*NET site.

• Collect and record growth, production, and environmental data.

• Manage nurseries that grow horticultural plants for sale to trade or retail customers, for

display or exhibition, or for research.

• Direct and monitor trapping and spawning of fish, egg incubation, and fry rearing,

applying knowledge of management and fish culturing techniques.

• Direct and monitor the transfer of mature fish to lakes, ponds, streams, or commercial

tanks  

Common Work Activities for Nursery and Greenhouse Managers

Create a bulleted list describing four work activities for Nursery and Greenhouse Managers that are

listed as common work activities on the O*NET site.  

to the slide.

• Making Decisions and Solving Problems

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates

• Scheduling Work and Activities  

Common Work Contexts for Nursery and Greenhouse Managers

Create a bulleted list describing work contexts for Nursery and Greenhouse Managers that are listed as

common work contexts on the O*NET site.  

to the slide.

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Freedom to Make Decisions

• Structured versus Unstructured Work  

Veterinarians  

Create a bulleted list describing four tasks for Veterinarians that are listed as common tasks on the

O*NET site.  

• Treat sick or injured animals by prescribing medication, setting bones, dressing wounds,

or performing surgery.

• Inoculate animals against various diseases, such as rabies or distemper.

• Examine animals to detect and determine the nature of diseases or injuries.

• Collect body tissue, feces, blood, urine, or other body fluids for examination and

analysis.  

Create a bulleted list describing four work activities for Veterinarians that are listed as common work

activities on the O*NET site.  

• Making Decisions and Solving Problems

• Getting Information.

• Updating and Using Relevant Knowledge

• Identifying Objects, Actions, and Events  

Common Work Contexts for Veterinarians

Create a bulleted list describing work contexts for Veterinarians that are listed as common work

contexts on the O*NET site.  

• Face-to-Face Discussions

• Telephone

• Indoors, Environmentally Controlled

• Contact with others

Explanation: hope this helps this is what I got

5 0
3 years ago
Read 2 more answers
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