Answer:
A set of business plans has to be established for Craig not to be totally broke in December
Explanation:
Below are sets of plan to take on for an effective business plan to yield growth
- Establish a results-driven planning process with prompts and definition of specific business terms and procedures.
- Organize the distinct business ideas possessed into an attractive yet concise visual format.
- Develop and monitor forecasts and budgets to see if there is a potential of the business to yield money.
- Work on convincing targeted investors with a proven and strategic format that should impress them.
- Seek professional advice and real life examples while working on yours.
- Consistently monitor the business you started using a unique dashboard and see how progressive you have been, the hurdles being encountered, and facilitating ways to better improve the said business.
With strict adherence to the above outlined plans, Craig does stand a chance of making profits and not being broke at December
<span>The reproduction cost would be calculated by multiplying the living square footage by 95 and then adding that to the product of the garage times 60. Since different parts of the house have a different reproduction cost per square foot, we need to find the cost of each part and then add them together to get the whole. You need to use multiplication because each livable square foot has a cost of $95 and each garage square foot has a cost of $60. Another way to think about this is to say that we have 3,500 $95 parts. To calculate the reproduction cost of the livable space you would multiply $3,500 by 95 which gives you $332,500. To calculate the reproduction cost of the garage you would multiply 400 by $60 which would give you $24,000. To find the reproduction cost of the whole home we need to add the reproduction costs of the living area and the garage together, which would gives $356,500.</span>
Answer:
a. See attachment below
b. 60 seconds per unit
c. 4 workstations
d. See attachment below
e. Efficiency = 81.25%
Explanation:
b.
Time required = 60 units per hour
Task time = Time required to for production per units
Since 1 hour is required for 60 units and there are 3600 seconds in one hour (60 * 60)
This is calculated by.
3600seconds/60 units
= 60 seconds per unit
c. Theoretical Number of workstations is calculated by:
Total Time Taken/Task Time
=(30 + 50 + 25 + 10 + 25 + 15 + 10 + 30)/60
= 195/60
= 3.25
This is round up to 4 workstations
d. See Attachment Below
e. Efficiency is calculated as:
(Total Time Taken)/ (Theoretical Workstations * Task Time)
= 195/(4 * 60)
= 195/240
= 0.8125
= 81.25%
Answer:
a. franchisee
Explanation:
Franchisee -
A franchises referred to a small business , and is very common method of doing any business .
The owner of the business i.e. , franchises , is referred to as the franchisee .
The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .
They are responsible to pay the franchise fee.
Hence , from the given statement of the question,
The correct option is a. franchisee .
Answer:
d) Profit center
Explanation:
A profit center is a separate unit of a firm which incurs costs and generates revenue for the company. It is the division of the company that is in charge of earning money and creating sales. It is therefore a separate segment of the company which use of its resources to bring revenue for the company, and profits and losses of the division are estimated separately from other segments.
The importance of the profit center is that it makes it easy to identify the division within a company that least profitable and most profitable.
Therefore, the sales department of Mega Inc. which sells the various models of blankets it produces is a profit center.
I wish all the best.
