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LenKa [72]
3 years ago
11

The top management of Tasty Foods, a food distribution company, has set strategic goals of increasing organizational market shar

e and also decreasing corporate costs over the next three years. Greg, a division manager for Tasty Foods, has looked at his resources, and he has decided how his division can contribute to the two strategic goals set by upper management: (1) by partnering with another company and (2) by hiring a procurement manager to negotiate lower prices from vendors. Greg's next step is to roll out his ____ to his staff.
Business
1 answer:
nikdorinn [45]3 years ago
6 0

Answer:

The correct answer would be, Greg's next step is to roll out his Tactical Goals to his staff.

Explanation:

Greg is the division manager for Tasty Foods. His management set a goal of increasing market share and decreasing the corporate cost over the period of next three years. To cope up with this goal, Greg has to work on this from now onward. So he decides how his division can contribute to the fulfillment of these management goals. He looking into his resources and planned two possible options. One is to partnering with another company and the other is to hire a procurement manager to negotiate lower prices from vendors. Now as he has formulated these goals, which are tactical in nature, the next step is to roll out these tactical goals to hi staff. Tactical goals are the goals that are set quickly in response to the conditions or situations as they occur in the real world.

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On September 1, 2019, Westwood Builders borrowed $200,000 from Colorado State Bank by issuing a 7-month, $200,000, 6% note. West
attashe74 [19]

Answer:

A.

Notes Payable 200,000

Interest Payable 7,000

Cash 207,000

Explanation:

The Journal entry is shown below:-

Notes payable Dr,       $200,000  

Interest payable Dr,     $7,000  

       To Cash                        $207,000  

(Being pay off the note and interest at maturity is recorded)

Therefore for recording the pay off the note and interest at maturity we simply debited the notes payable and interest payable as it decreases the liability and we credited the cash as it also decreasing the assets.

7 0
3 years ago
Hanson Corp. produces three products, and is currently facing a labor shortage – only 5,000 hours are available this month. The
klio [65]

Answer:

a.

A,B,C

b.

1,100 units of Product A and 1,079 units of Product B

c.

Total Contribution Margin $37,106

Explanation:

Product                                     A             B             C

Selling price                            $68.00    $35.00   $52.00

Variable cost per unit             $48.00    $21.00    $44.00

Contribution Margin               $20.00    $14.00    $8.00

Direct labor hours per unit     1.8            2.8          1.9

Contribution per labor Hour $11.11       $5.00     $4.21        

Demand                                   1,100       1,900      2,100

Numbers of Hours Required  1,980      5,320     3,990

Production should be prioritize based on contribution margin per labour hour, because labor hours is a scarce resource and decision should be made considering the benefit on each hour.

The order Should be A,B,C

We should Sale the 1,100 unit of Product A because it has maximum per labor hour contribution and 1,079 units of Product B.

Labor Hour available for Product B and C = 5,000 - 1,980 = 3,020 hours

All of these will be used for Product B

Number of Unit to be sold = 3,020 / 2.8 = 1,079 units

Total Contribution Margin = (1,100 x 20) + (1,079 x 14) = $22,000 + $15,106 = $37,106

7 0
3 years ago
Don was driving his truck when a board fell out of the truck bed and onto the road. Alice, who was driving closely behind Don's
Serggg [28]

Answer:

A. In a comparative negligence state, the actions of Don and Alice will be weighed to determine liability.

Explanation:

Comparative negligence is a way to weigh the negligence of the parties involved in a dispute.

In this case Don could be said to be negligent by not securing the boards properly in his truck, resulting in them falling off.

On the other hand Alice should have not been driving very closely to Don's truck.

So the actions of Don and Alice will be weighed to determine liability.

5 0
3 years ago
Age, income level, education, and buying habits are all components of the ____.
V125BC [204]
That is all part of demographics
4 0
3 years ago
Mark loses his checkbook. he requests and executes a written stop-payment order for the missing checks. four months later, his b
sertanlavr [38]
For this problem, the bank is liable for the loss of $2,500. It should not have paid check #543. Moreover, the bank is obligatory to honor the written stop-payment order made by Mark for six months. Therefore, Mark does not have the share of liability in this case.
4 0
3 years ago
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