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JulijaS [17]
4 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]4 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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Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0
3 years ago
If you sell 1,000 tickets at $50/ticket, 2,000 tickets at $60/ticket and 2,500 tickets at $65/ticket, what percentage of the rev
Charra [1.4K]
It’s 50% a ticket and it’s the right answer
4 0
3 years ago
PHN Foods granted 18 million of its no par common shares to executives, subject to forfeiture if employment is terminated within
kap26 [50]

Answer:

The $12 million is the net increase in the denominator of the EPS fraction if the market price of the common shares averages $5 per share during 2018.

Explanation:

1. The journal entry is shown below:

For December 31, 2017:

Compensation Expenses A/c Dr ($18 million × $5 per share) ÷ 3 = $30 million

    To Restricted Shares $30 million

(Being compensation expenses recorded for 2017 year)

For December 31, 2018:

Compensation Expenses A/c Dr ($18 million × $5 per share) ÷ 3 = $30 million

    To Restricted Shares $30 million

(Being compensation expenses recorded for 2018 year)

2.  The net increase in the denominator of the EPS fraction for 2018 year  is shown below:

=  2018 shares - Restricted shares

= $30 million - $18 million

= $12 million

Hence, the $12 million is the net increase in the denominator of the EPS fraction if the market price of the common shares averages $5 per share during 2018

6 0
3 years ago
In a judicial foreclosure, how long does the borrower’s redemption period last if a deficiency judgment isn’t being sought?
aniked [119]

There is no redemption period if the lender is not pursuing a deficiency judgment.

A judicial foreclosure permits the lender to get a deficiency judgment against the borrower. However, the homeowner has the “proper of redemption,” which lets him or her shop for the home returned from the hit bidder on the auction for 12 months after the sale.

In a judicial foreclosures state, the lender has to report a lawsuit in a courtroom in an effort to foreclose. In a nonjudicial foreclosure nation, the lender can foreclose without going through the court docket system. either way, the very last step within the foreclosure process is a foreclosure sale.

Redemption is a period after your home has already been sold at a foreclosure sale when you may nonetheless reclaim your private home. You may want to pay the high-quality mortgage stability and all fees incurred during the foreclosures system.

Learn more about foreclosures here brainly.com/question/15182362

#SPJ4

6 0
2 years ago
During December, Krause Chemical Company had the following selected data concerning the manufacture of Xyzine, an industrial cle
Paul [167]

Answer:

d.92 units.

Explanation:

Completed untis +

complete portion of ending WIP less

complete portion of beginning WIP

Completed and trasnferred 100

ending work in process_ 10 units x 40% = 4 units

beginning inventory 20 units x 60% complete (12) units

Equivalent Units for conversion 92

3 0
3 years ago
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