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siniylev [52]
3 years ago
10

The best response to the chicken tactic is to challenge the other party by responding with one's own chicken tactic, thereby cal

ling the other's bluff.
A. True
B. False
Business
1 answer:
goblinko [34]3 years ago
8 0

Answer:

B) False

Explanation:

The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.

The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.

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Chavin Company had the following results during August: net operating income, $250,000; turnover, 5; and return on investment (R
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Answer: D. $1,315,789

Explanation:

Return on Investment = Net operating income/ Average operating assets

Average return on Assets will therefore be;

= Net Operating Income/ Return on Investment

= 250,000/0.19

= $1,315,789.47

= $1,315,789

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________ can adopt one of two competitive strategies: they can challenge the leader or they can play along with competitors and
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11. What are assets?
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7 0
3 years ago
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yan [13]

Answer:

a) true

Explanation:

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In this case, Travelwell is emphasizing a characteristic that should apply to all its product line, not just one specific type of luggage.

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3 years ago
The following information is available for Robstown Corporation for 20Y8: Inventories January 1 December 31 Materials $351,000 $
Katena32 [7]

Answer:

                            Robstown Corporation

                Statement of Cost of Goods Manufactured

                  For the Year Ended December 31, 20Y8

Work in process inventory, January 1, 20Y8                               $625,200

Direct materials:    

Materials inventory, January 1, 20Y8    $351,000  

Purchases                                                $658,200

Cost of materials available for use     $1,009,200

Materials inventory, Dec 31, 20Y8        <u>($435,800)</u>  

Cost of direct materials used in              $573,400   $573,400

production  

Direct labor                                                                  $669,000  

Factory overhead

Depreciation expense-factory                 $55,880

equipment  

Heat, light, and power-factory                 $22,060  

Indirect labor                                             $76,000  

Miscellaneous costs-factory                    $9,200

Property taxes-factory                              $18,300

Rent expense-factory                               $32,500  

Supplies-factory                                        $16,000  

Total factory overhead                                                <u>$229,940 </u>

Total manufacturing costs                                                             <u> $1,472,340</u>

incurred in 20Y8

Total manufacturing costs                                                            $2,097,540

Work in process inventory, December 31, 20Y8                         <u>($590,400)</u>

Cost of goods manufactured                                                       <u>$1,507,140</u>

                                      Robstown Corporation

                                         Income Statement

                         For the Year Ended December 31, 20Y8

Sales                                                                                           $3,011,000

Cost of goods sold:

Finished goods inventory, Jan 1, 20Y8              $607,400  

Cost of goods manufactured                              $1,507,140  

Cost of finished goods available for sale        $2,114,540

Finished goods inventory, Dec. 31, 20Y8          ($571,000)  

Cost of Goods Sold                                                                      <u>$1,543,540</u>

Gross Profits                                                                                 $1,467,460

Operating expenses:

<u><em>Administrative expenses:</em></u>

Depreciation expense-office equipment     $43,560  

Office salaries expense                                 $183,300  

Property taxes-office building                       <u>$31,200</u>   $258,060

<u><em>Selling expenses:</em></u>

Sales salaries expense                                  $417,000  

Advertising expense                                     <u>$296,600</u> <u>$713,600</u>

Total operating expenses                                                                <u>$971,660</u>

Net income                                                                                        <u>$495,800 </u>

5 0
3 years ago
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