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3 years ago

Employee involvement and participation (eip) management is a method of management where ________.

1 answer:

6 0

It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>

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Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity,

mihalych1998 [28]

Answer:

Purchase 1,500 units of component 1 from supplier 1.

Purchase 2,000 units of component 2 from supplier 3.

Purchase 500 units of component 1 and 1,000 units of component 2 from supplier 2.

Total costs = $54,500

Explanation:

component 1 component 2

supplier 1 2 3 1 2 3

price $10 $15 $14 $13 $12 $10

capacity:

supplier 1 = 1,500

supplier 2 = 2,500

supplier 3 = 2,000

demand:

component 1 = 2,000
component 2 = 3,000

There are two ways to solve this, one using excel and the solver function or do it manually.

Manually, we must start with the supplier that has the lowest cost. In this case, the supplier with the lowest cost for component 1 is supplier 1 ($10) and component 2 is supplier 3 ($10).

We will start by purchasing 1,500 units of component 1 from supplier 1 at $15,000. That eliminates supplier 1's capacity, so we now only have suppliers 2 and 3. We still need 500 units of component 1 and 3,000 units of component 2.

We purchase 2,000 units of component 2 from supplier 3 at $20,000. This will consume all of supplier 3's capacity, so we only have supplier 2 left. We are still needing 500 units of component 1 and 1,000 units of component 2.

We will purchase the remaining units from supplier 3 at (500 x $15) + ($1,000 x $12) = $19,500.

Our total expense will be $54,500.

4 0

3 years ago

Bond X and bond Y both are issued by the same company. Each of the bonds has a maturity value of $100,000 and each matures in 10

Alex17521 [72]

Answer:

d. Bond Y sells for more than bond X

Here is the question in proper order:

Bond X and bond Y both are issued by the same company. Each of the bonds has a maturity value of $100,000 and each matures in 10 years. Bond X pays 8% interest while bond Y pays 9% interest. The current market rate of interest is 8%. Which of the following is correct?

a. Bond X sells for more than bond Y.

b. Both bonds sell at a discount.

c. Both bonds sell for the same amount.

d. Bond Y sells for more than bond X

Explanation:

Bond price is calculated using the relation

$Bond Price = C * \frac{[1 - \frac{1}{(1 + r)^{2} } ]}{[r + \frac{M}{(1+r)^{2} } ]}$

where

C = coupon amount

r = current market rate of interest

n = no of years

M = face value (amount)

Now for bond X

C = $100,000 x 8% = $8,000

r = 8% or 0.08

n = 10 years

M = face value

substituting in the equation

$Bond price = 8000 * \frac{[1 - \frac{1}{(1+0.08)^{10} } ]}{[0.08 + \frac{100000}{(1+0.08)^{10} } ]}$

=8,000 x [1-{1/(1.08)10/0.08 +100,000/(1.08)10

=8,000 x [1-{1/2.158925]0.08 +100,000/2.158925

=8,000 x [1-0.463193]0.08 + 46,319.35

=8,000 x [0.5368065]0.08 +46,319.35

=8,000 x 6.7100814 +46,319.35

= 53,680.65 +46,319.35

=$100,000

Bond price = $100,000

For bond Y

only C is different and C = $9000

$Bond price = 9000 * \frac{[1 - \frac{1}{(1+0.08)^{10} } ]}{[0.08 + \frac{100000}{(1+0.08)^{10} } ]}$

= 9,000 x [1-{1/(1+0.08)10}]/0.08 + 100,000/(1+0.08)10

=9,000 x [1-{1/(1.08)10/0.08 +100,000/(1.08)10

=9,000 x [1-{1/2.158925]0.08 +100,000/2.158925

=9,000 x [1-0.463193]0.08 + 46,319.35

=9,000 x [0.5368065]0.08 +46,319.35

=9,000 x 6.7100814 +46,319.35

= 60,390.73 +46,319.35

=$ 106,710.08

3 0

3 years ago

Garcia Corporation recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pres

Nastasia [14]

Answer:

i d k

Explanation:

6 0

3 years ago

Checking a diversified firm's business portfolio for the competitive advantage potential of cross-business strategic fits entail

Alex777 [14]

Complete Question:

Checking a diversified firm's business portfolio for the competitive advantage potential of cross-business strategic fits entails consideration of:

Group of answer choices

A. whether the parent's company's competitive advantages are being deployed to maximum advantage in each of its business units.

B. whether the competitive strategies employed in each business act to reinforce the competitive power of the strategies employed in the company's other businesses.

C. whether the competitive strategies in each business possess good strategic fit with the parent company's corporate strategy.

D. the extent to which there are competitively valuable relationships between the value chains of sister business units and what opportunities they present to reduce costs, share use of a potent brand name, create competitively valuable new capabilities via cross-business collaboration, or transfer skills or technology or intellectual capital from one business to another.

E. how compatible the competitive strategies of the various sister businesses are and whether these strategies are properly aimed at achieving the same kind of competitive advantage.

Answer:

D. the extent to which there are competitively valuable relationships between the value chains of sister

business units and what opportunities they present to reduce costs, share use of a potent brand name, create competitively valuable new capabilities via cross-business collaboration, or transfer skills or technology or intellectual capital from one business to another.

Explanation:

Checking a diversified firm's business portfolio for the competitive advantage potential of cross-business strategic fits entails consideration of the extent to which there are competitively valuable relationships between the value chains of sister business units and what opportunities they present to reduce costs, share use of a potent brand name, create competitively valuable new capabilities via cross-business collaboration, or transfer skills or technology or intellectual capital from one business to another.

Generally, a strategic fit exists whenever one or more activities comprising the value chain of various business entities are evidently similar to avail the choice of transferring competitively valuable expertise, resources, or technology from one business entity to another or combine the similar value chain activities of the sister business unit into a single operation so as to maximize profits and lower the cost of production.

8 0

3 years ago

The midpoint method is used to compute elasticity because it a. automatically computes a positive number instead of a negative n

mr Goodwill [35]

Answer:

c. gives the same answer regardless of the direction of change.

Explanation:

The midpoint method helps to calculate elasticity using the average percent change in quantity and price and its advantage is that it gives the same elasticity between two points no matter if price increases or decreases.

6 0

4 years ago