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Montano1993 [528]
3 years ago
14

Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility

vehicles (SUVs) in all of its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, General Motors offered rebates of up to $5,000, or no-interest financing, on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions. In what stage of the product life cycle is GM currently operating? A. Market establishment.B. Market introduction.C. Market growth.D. Market maturity.E. Sales decline
Business
1 answer:
Aleonysh [2.5K]3 years ago
6 0

Answer:

D. Market maturity

Explanation:

Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility vehicles (SUVs) in all of its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, General Motors offered rebates of up to $5,000, or no-interest financing, on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions.

General Motors is currently operating in the Market maturity stage of production life cycle.

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Mallard Corporation uses the product cost concept of product pricing. Below is cost information for the production and sale of 4
KiRa [710]

Answer:

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

Explanation:

Variable direct materials cost per unit............................ 5.50

Variable direct labor cost per unit.................................... 7.65

Variable factory overhead cost per unit .........................2.25

Variable selling and administrative cost per unit........... .90

TOTAL VARIABLE COST PER UNIT..................................16.3

TOTAL VARIABLE COST = $16.3*45000 units = $733,500

Fixed factory overhead cost $82,000

Fixed selling and administrative costs 45,000

TOTAL COST = $ 860,500

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

5 0
3 years ago
Watching his children graduate from high school is most likely a long-term goal for a person of which of these ages? A. 17 years
Arlecino [84]

Answer: D. 57 years old.

Explanation: 17 years old is not old enough to have a child. When a person is 57 years old, their child is likely to be around 17 or 18 years old, 40 years younger. Having a child at 40 years old is probably the oldest age out of the ages listed.

6 0
3 years ago
The printer ran out of preprinted sales invoice forms and several sales invoices were not printed. The best internal control to
tamaranim1 [39]

Answer:

Printer set up error

Explanation:

The best internal control to detect this error, is to do a quick check on the printer set.

8 0
3 years ago
Leah, Inc., is proposing a rights offering. Presently there are 1,000,000 shares outstanding at $78 each. There will be 100,000
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Answer:

the new market value of the company is $85,000,000

Explanation:

The computation of the new market value of the company is shown below:

= Number of shares × price per share + new shares × price per share

= 1,000,000 × $78 + $70 × 100,000

 = $85,000,000

Hence, the new market value of the company is $85,000,000

We simply applied the above formula so that the correct value could come

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3 years ago
Years ago in the overnight delivery business, providing package tracking capability gave some firms a competitive advantage. Now
Morgarella [4.7K]

When a company gains a competitive advantage over an action that becomes mandatory in the line of business, such as providing package tracking capability, this is an example of profitability factors becoming productivity factors over time.

<h3 /><h3>What are profitability factors?</h3>

It corresponds to factors that enable a company to be positioned and competitive in the market in which it operates, determined by internal and external agents, such as:

  • Demand force
  • Advertsing
  • Substitute products
  • Economy of scale
  • Costs

Therefore, an organization's profitability factors became productivity factors by instituting new forms of work management that generated competitive advantages for the organization.

So, the correct answer is:

D. Profitability factors; productivity factors.

Find out more information about profitability here:

brainly.com/question/16755022

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2 years ago
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