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kykrilka [37]
3 years ago
6

gary has decided he needs to improve implementation in his small manufacturing business that sells sunglasses to retailers. he h

as taken the initiative and decided he will be personally and solely responsible for his company's performance this month. he purchased new cell phones for each of his salespeople with a direct connect feature so that he is able to easily keep in contact with them. gary implemented a sales contest, the grand prize being a week's paid vacation, for the greatest increase in sales in the month of may. gary also posted a bulletin boad with each salesperson's territories and even specified the dates they were supposed to make sales calls in each. gary omitted which of the following tools to improve implementation in his business?
Business
1 answer:
timofeeve [1]3 years ago
8 0
He has 8 points all together

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You are the vice president of engineering for a large company. For the last several years the company has experienced lower sale
xenn [34]

Answer:

Explanation:

Utilizing the information in the question;

(A) In the last several years, the company has experienced lower sales and higher operating costs

- this means that revenue (price × quantity of goods sold) is dropping

- costs of running machinery is rising

- This implies that Total Cost is rising while Total Revenue is falling. In other words, the profit gained by the firm is slimmer.

(B) Your budget for engineering activities has been cut by 5% each year, for the last 3 years

- A budget is a document which lays out proposed expenditure and expected income for a business period. If your budget has been slashed by 5% each year, it means that the funds given to you for expenditure sake, are reduced by 5 percent.

This leaves you less funds or money to do what you ought to do. It is a financial constraint.

(C) To save money, you've been cutting back on maintenance projects and testing activities

- As your budget is slashed each year, you rearrange your priorities on a scale of preference; such that the funds given to you are used for what you deem "most important". So from the information above, the least important items on your scale of preference are

- maintenance projects

&

- testing activities

The effect of this is that machinery will breakdown and work will be further slowed. There will be low production of goods, fewer amount of goods to put up for sale, and then lower revenue.

If the firm's Marginal Cost is still below its Marginal Revenue though, it has some leverage to devise means of generating more funds to run the firm.

3 0
3 years ago
Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
charle [14.2K]

Answer:

Equivalent Units of Production :

(1) Materials = 298000

(2) Conversion Costs = 284400

(3) Total = 582400

Explanation:

The Concept of Equivalent Units entails identifying number of completed units in terms of their completion % in the input component or process.

<em>Step 1 : Determine Units Completed and Transferred to Finished Goods</em>

<em>Units in Process = Units Output</em>

Units In Process                                298000

Less Closing Work In Process            34000  

Completed and Transferred             264000 (Balancing figure)

<em>Step 1 : Determine Equivalent Units for each input component</em>

Materials:

Completed and Transferred 100% = 264000×100%= 264000

Closing Work In process 100% = 34000×100%= 34000

Total = 298000

Conversion Costs:

Completed and Transferred 100% = 264000×100%=264000

Closing Work In process 60%=34000×60%=20400

Total =284400

5 0
3 years ago
Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials
Novosadov [1.4K]

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

6 0
3 years ago
Careerbuilder has made its Monk-e-mail site, which allows users to send personalized, private-themed e-cards for all occasions,
Artyom0805 [142]

Answer:

The answer is viral marketing

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4 years ago
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Akimi4 [234]

Answer:

Answer for the question:

In this question, assume that all variables other than price and quantity are held constant. At Betty's Burgers, the hamburgers have a price elasticity of demand-: 305 and Betty has increased sales by 85.00%.

Betty must have changed her price by

Due to the price change, Betty's total revenue will

Patty's Putts increased the price of a round of miniature golf by 76,0%, Patty has calculated her price elasticity of demand at 0.57. She can expect the number of golfers to

Patty can expect the number of golfers to change by

Patty can expect her total revenue to

is given in the attachment.

Explanation:

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4 years ago
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