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JulijaS [17]
3 years ago
14

Max is in charge of production for a family-owned firm that makes and sells sports gloves including baseball gloves, softball gl

oves, golf gloves, and more. He has stated that speed of delivery is the most important factor for success in the competitive environment. Which of the following would be the best response to Max? A. You are right on target, Max. Time is money.B. You are the man, Max. As long as our price is competitive, speedy delivery will win in today's changing marketplace.C. Well Max, speed isn't everything. What would exceed our customers' expectations? Some consumers may put more importance on high quality and/or lower prices.D. Dude, you couldn't be more wrong. Quality is the name of the game. He who has the best product will win in the competitive environment
Business
1 answer:
Zina [86]3 years ago
7 0

Answer:

C. Well Max, speed isn't everything. What would exceed our customers' expectations? Some consumers may put more importance on high quality and/or lower prices.

Explanation:

As a consumer, it is not only the timely delivery, but a great quality deal with low price.

What if the goods are received really fast, but the quantity and quality do not satisfy the needs of the customers.

The quality, price and quantity are more important than the time, on an average the product shall be delivered on time, but if it delivered before the expected time, it is an add on.

But the timely delivery is not the sole consideration to be focused for gaining competitive advantage.

Therefore, Statement C is correct.

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Rebecca would like to set up an account to supplement her parents' retirement income for the next 15 years.
vova2212 [387]

Answer:

Explanation:

a.)

This is an annuity type of question. Using a financial calculator, input the following to find the PV of the Ordinary annuity;

Total duration; N = 15*12 = 300

Monthly rate; I/Y = 7.2%/12 = 0.6%

One-time future cashflow; FV = 0

Recurring monthly payment; PMT = 150

then compute present value; CPT PV = $20,845.24

b.) This is an <em>Annuity Due </em>type of question since the recurring monthly payment occur at the beginning of the month.

Using a financial calculator, change the mode to "BEG"  and input the following to find the PV of the annuity due;

Total duration; N = 15*12 = 300

Monthly rate; I/Y = 7.2%/12 = 0.6%

One-time future cashflow; FV = 0

Recurring monthly payment; PMT = 150

then compute present value; CPT PV = $20,970.31

5 0
3 years ago
The current ratio includes at the of the following except :
Umnica [9.8K]

Answer: B i believe

Explanation:

7 0
3 years ago
Read 2 more answers
Isabel, a human resources assistant, wants to conduct safety training for employees. So, she's creating a graphic to inform empl
strojnjashka [21]

Answer:

I think its C if it's not then sorry

8 0
3 years ago
Which depict a negative externality? (Select all that apply)
kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

5 0
3 years ago
Julie Convenience Store sold merchandise for cash to a customer, and recorded a debit to Cash for $371, which included a 6% Sale
nlexa [21]

Answer:

C) credit Sales Tax Payable for $21

Explanation:

Based on the information given In the same transaction, they must also CREDIT SALES TAX PAYABLE FOR $21 Calculated as:

First step is to calculate the sales tax element

Sales tax element = $371*6/106

Sales tax element= $21

Now let calculate what the Price exclusive of sales tax would be

Price exclusive of sales tax=$371-$21

Price exclusive of sales tax= $350

The correct journal entry should be:

Dr Cash $371

Cr Sales revenue $350

($371-$21)

Cr Sales tax payable $21

3 0
3 years ago
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