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oksian1 [2.3K]
3 years ago
14

It is the goal of the managers at Trevor's company to rework the production line so that it produces as many automobile parts as

quickly as possible with its current workforce. This is an example of improving _____ to gain competitive advantage.
Business
2 answers:
lutik1710 [3]3 years ago
7 0

Answer:

This is an example of improving <em>efficiency </em>to gain competitive advantage.

Explanation:

Efficiency is one of the 2 signs (the other is <em>effectiveness</em>) for managers which determines how efficient the company is operating or are they doing things right?

Since the managers at Trevor's company are trying to produce max output with the same workers by restructuring the whole production process this implies that:

  1. They don't want to incur high cost by employing further employees but trying to manage the scenario with what they have.
  2. They are aiming to be faster than other companies.  

This will in result help them in getting the <em>competitive advantage</em> (Operating at higher level in one or more functions relative to other companies).

raketka [301]3 years ago
5 0

Answer:

management strategy

Explanation:

By improving the companies management strategy the the manager in trevor's company would be able to gain competitive advantages and also achieve the companies objectives with the required resources.

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Alain Mire files a single tax return and has adjusted gross income of $309,000. His net investment income is $48,000. What is th
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Answer: $1,824

Explanation:

According to the IRS, Net Investment Income tax is the lesser figure of either,

i. The net investment income or,

ii. Modified adjusted gross income less the threshold of $200,000 of the person.

The lesser figure is then multiplied by 3.8% to find the tax.

Alain Mire's net Investment Income is $48,000.

His Modified adjusted gross income less the threshold of $200,000 is,

= 309,000 - 200,000

= $109,000

The lesser figure is his Net Investment Income so Additional Tax is,

= 48,000 * 3.8%

= $1,824

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3 years ago
Suppose you deposit ​$2 comma 0002,000 cash into your checking account. by how much will checking deposits in the banking system
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Money is any item that serves as a medium of exchange for goods and services.
3 0
3 years ago
What does it mean to be "in the black "?
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When sb dies that you were related to, and then you wear black clothes and that means you are "in the black"
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3 years ago
The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencil
djverab [1.8K]

Answer:

COGS = 187,370‬

ending finished goods = 37,300

Direct Materials used  =  119,970

Labor =    26,070

ending WIP  =  33,690

Explanation:

Sales - COGS = gross Profit

449,330 - COGS = 261,960

449,330 - 261,960 = COGS = 187,370‬

Cost of goods manufactured 224,670

less Cost of Goods Sold of    (187,370)

ending finished goods            37,300

Materials purchased            138,390

Materials inventory, ending<u> (18,420)</u>

Direct Materials used            119,970

Materials + Labor + Overhead = COGM

119,970 + Labor + 97,500 + 14,820 = 258,360

Labor = 258,360 - 232,290

Labor =    26,070

Then Cost added less Cost of Goods Manufacured = ending WIP

258,360 - 224,670 = 33,690

5 0
3 years ago
Read 2 more answers
Retained earnings is: Multiple Choice The positive cash flows of a company. The net worth of a company. The owners' equity that
zheka24 [161]

Answer:

The net worth of a company

Explanation:

Retained earnings is what is left of net income after paying out dividends

Retained earnings = beginning of period retained earnings + net income - dividends

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3 years ago
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