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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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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
klasskru [66]

If the required return on Computech is 18% the value of the stock in today's calculation is $11.77

<h3>What is the growth rate of a stock?</h3>

This is the percentage change of the stock based on the annualized growth rate over a period of time.

D3 = $0.75

D4 = 0.75 x 1.49 = $1.1175

D5 = 1.1175 x 1.49 = $1.665075

D6 = $1.665075 x 1.10 = $1.8315825

At a growth rate of 10 percent

\frac{D6}{R-G}

1.8315825/0.18-0.10

= $\frac{0.75}{1.18^3} +\frac{1.1175}{1.18^4} +\frac{1.665075}{1.18^5} +\frac{22.89478125}{1.18^5} \\

= 0.456473 + 0.576394 + 0.7278196 + 10.0075198

= $11.77

The value of this stock today is  $11.77

Read more on stocks here: brainly.com/question/25818989

7 0
3 years ago
Q 4.26: on december 31, 2017, before any year-end adjustments, canterbury shoe repair's prepaid insurance account had a balance
melamori03 [73]

<u>Calculation of adjusted balance for prepaid insurance at December 31, 2017:</u>


It is given that on December 31, 2017, before any year-end adjustments, Canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.

So the adjusted balance for prepaid insurance at December 31, 2017, shall be (3500-2200) = <u>$1,300</u>




3 0
3 years ago
How does gross income differ from net income?
barxatty [35]
When you have a gross income the expenses incurred are yet to be removed— it is just total sales less purchases. for net income the expenses are removed for the gross profit
6 0
3 years ago
which statement is true The trial balance is completed to ensure that debits and credits are equal in the General Ledger
Semmy [17]

Answer: a. The trial balance is completed to ensure that debits and credits are equal in the General Ledger.

Explanation:

The Trial balance is used to ensure that all totals on the accounts on the debit side are equal to all totals on the accounts on the credit side.

The account totals are each listed on the debit and credit sides of the trial balance and then added up. If the amounts do not tally, it suggests that there is an error in the entries that needs to be fixed.

7 0
4 years ago
Would you prefer a career that dealt with money or finance on a daily basis or one that dealt with customers regularly? Identify
Morgarella [4.7K]

Since this is an opinion based question i shall just give you the facts for you to base your answer off of.

For Fiances or money, you have an Accountant or within Insurance. They deal with money and have good customer service and are mostly good with math.

For customers you have stuff like within Fast food and also a combination in between is a bank teller they deal with money while also customer service. They need to be good with people and also money. Females are usually put towards the front of the house for appeals.

The rest is up for your grabbing  

7 0
3 years ago
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