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ddd [48]
3 years ago
10

The upper-level managers of One World Enterprises are meeting for the week to look at the long-term company goals and overall di

rection of the organization. The CEO has expressed his concern over the economy and has told his managers to look closely at the environment outside the organization before making decisions and to be future oriented. In this meeting, top managers of One World are _________.
Business
1 answer:
Anettt [7]3 years ago
3 0

Answer:

Tactical planning

Explanation:

Tactical planing is  create a set of actionable tasks within the short term and  gradually bring us closer to reach our long term goal.

In order to create tactical planning, a company need to pay attention to both internal and external factors.

- The internal factors consist of the environment within the organization.

This will include things such as  the labor capacity that we have, the amount of capital we have at our disposal, and our organizational culture.

- The external factors consist of the environment outside the organization.

This include things such as our competitors, the type of customers that we target as out primary market, and the public perception that the public has toward our brand.

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5. Refer to the original data. By automating, the company could reduce variable expenses by $3 per unit. However, fixed expenses
gogolik [260]

Question Completion:

Due to erratic sales of its sole product - a high capacity battery for laptop computers - PEM, Inc., has been experiencing difficulties for some time.  The contribution format income statement for the most recent month is given as follows:

Sales (19,500 units at $30 per unit) $585,000

Variable expenses                              409,500

Contribution margin                             175,500

Fixed expenses                                    180,000

Net operating margin                           ($4,500)

Answer:

PEM, Inc.

a1) New CM ratio = 40%

a2) Break-even point in unit sales and dollars sales

i) Break-even point in unit sales = Fixed Expenses/Contribution per unit

= $237,000/$12

= 19,750 units

ii) Break-even point in dollars sales = Fixed Expenses/Contribution margin ratio

= $237,000/0.4

= $592,500

b. Contribution format income statements, based on sales of 20,800 units:

                                                             Without                With

                                                         Automation         Automation

Sales (20,800 units at $30 per unit) $624,000    $624,000 (20,800 * $30)

Variable expenses (20,800 at $21)     436,800       374,400 (20,800 * $18)

Contribution margin (20,800 * $9)      187,200       249,600 (20,800 * $12)

Fixed expenses                                    180,000       237,000

Net operating margin                            $7,200       $12,600

c) I would recommend that the company should automate its operations.  It will generate more net operating margin, equal to $5,400 ($12,600 - $7,200), when it automates than when it does not, assuming that it expects to sell 20,800 units.  

Explanation:

a) Data and Calculations:

Variable expenses reduction = $3 per unit

Old variable expenses per unit = $21 ($409,500/19,500)

New variable expenses per unit = $18 ($21 - $3)

New variable expenses = $351,000 ($18 * 19,500)

New Contribution Margin per unit = $12 ($30 - $18)

New Contribution margin ratio = $12/$30 * 100 = 0.4 or 40%

Old Fixed Expenses = $180,000

New Fixed Expenses = $237,000 ($180,000 + $57,000)

4 0
3 years ago
Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele
zhenek [66]

Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs.  Consumers are not ready to absorb much costs as they are presented with low-priced alternatives.  The competition for customers among supply chain organizations is very high.  Everyone competes for the dollar the consumer is willing to spend on goods.  With property and advertising costs skyrocketing, careful management of the cost structure is required.

7 0
3 years ago
When was the International Association of Exhibitions and Events founded?
aniked [119]

Answer:

1928

Explanation:

hope this help:)) 100% correct

3 0
3 years ago
Read 2 more answers
Demand and cost information for a monopoly
sattari [20]

Question:

Please see the Demand and Cost information reproduced in the attached table

Answer:

The correct choice is A)

Profit if maximized where price is equal to $20.

At this price, MR = MC.

Please see the attached PDF.

Explanation:

The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:

That is, the point where MR = MC.

If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.

Cheers!  

8 0
3 years ago
​Miguel, a manager for Sierra​ Company, is inspecting the reports provided by his​ company's accounting department. He wants to
Artemon [7]

Answer:

The correct answer is letter "A": managerial accounting information.

Explanation:

Managerial accounting is internal accounting that allows managers to assess the impacts of their choices. This contrasts with financial accounting which underlines the company's more general, higher-level financial results. There are many managerial accounting techniques such as product costing, cash flow analysis, inventory, and raw material turnover analysis.

So, <em>if Miguel wants to schedule his​ department's employees in production for next week he can use managerial accounting information for that purpose.</em>

7 0
3 years ago
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