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vazorg [7]
4 years ago
15

Zenya is the founder of an online service that allows users to rent out spare rooms in their homes. She has hired a number of ex

tremely bright employees whose opinions are central to the company's success in the fast-paced online services industry. Which type of strategic management process would be most likely to fully utilize the strengths embodied by her team and position the company to capitalize upon autonomous actions and serendipity?
strategic planning

ad-hoc planning

strategy as planned emergence

scenario planning
Business
1 answer:
stellarik [79]4 years ago
5 0

Answer:

Strategy as planned emergence

Explanation:

As per Mintzberg's strategic planning framework, strategies either emerge out of existing plans or are a consequence of a deliberate action.

Strategy as a planned emergence refers to those strategies which did not pre-exist or which were deliberately created , rather emerged as a consequence of a business problem or as a reaction to a business situation.

In the given case, Zenya has created an online service whereby users can rent out the spare rooms of their houses. She appointed qualified employees for opinion and recommendations.

In the given case, emergent strategy is suggested so as to fully utilize the strengths of her team and enable the company to make the most of the independent actions and opportunities.  

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Takt time is calculated as Demand volume divided by customer required volume Customer required volume divided by available work
IgorLugansk [536]

Answer:

The correct answer is letter "C": Available work time divided by customer required volume.

Explanation:

Takt time refers to the time producers have to create a good or service to satisfy consumers' demands. <em>It is calculated by dividing the net available time for the production of the goods or services by the customers' demand on a daily basis</em>. Takt time is a measure based on the manufacturer's production process practices.

3 0
4 years ago
The 2013 income statements of Leggett &amp; Platt, Inc. reports net sales of $3,746.0 million. The balance sheet reports account
Mamont248 [21]

Answer:

The answer is a. 46 days.

Explanation:

The average collection period is the time it takes on average to receive the cash from the credit sales. It is the time period for which an average accounts receivable pays the company. The formula for average collection period is,

Average collection period = (Average accounts receivable / Net sales) *365

Where 365 is taken as the number of days in a year.

The average of accounts receivables can be calculated by adding the opening and closing accounts receivables and dividing them by 2.

Average accounts receivables = (465.4 + 482.6) / 2 = 474 million

Average collection period = (474 / 3746) * 365 = 46.185 days rounded off to 46 days.

7 0
3 years ago
Read 2 more answers
Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because t
Phoenix [80]

Answer: OPTION D

Explanation: In simple words, competitive parity products refers to those products which are necessary for an organisation to have in their operations so they can effective compete with other participants in the market.

In the given case, Bill was having problem regarding selling Yachts as he did not have any space, Thus, due to lack of one product he was having difficulty in operating the business of some other product.

Hence yachts and docks are an example of competitive parity products.

3 0
3 years ago
Read 2 more answers
Purchase-Related Transactions The Stationery Company purchased merchandise on account from a supplier for $14,500, terms 2/10, n
vazorg [7]

Answer:

10,780

Explanation:

Cash required for payment

= Net purchases * (100-discount)%

= (14,500-3,500) * (100-2)%

= 10,780

B) Inventory

As the asset has to be reduced

6 0
3 years ago
Direct materials $ 37 per unit Fixed manufacturing overhead costs $ 225,000 Sales price $ 195 per unit Variable manufacturing ov
mina [271]

Answer:

A.Gross Margin $385,550

B. Contribution margin $566,500

Explanation:

a. Preparation of a gross margin income statement

Gross margin income statement

Sales 1,072,500

(5500*$ 195 per unit)

Less Variable expenses:

Direct Material 198,000

(5500*36)

Direct Labour 143,000

(5500*26)

Variable manufacturing overhead 121,000

(5500*22)

Fixed Manufacturing overhead 224,950

(5500*40.90)

(225,000/5500=40.90)

Gross Margin $385,550

Therefore Gross Margin will be $385,550

b. Preparation of a contribution margin income statement.

Contribution margin income statement

Sales 1,072,500

(5500*$ 195 per unit)

Less cost of goods sold:

Direct Material 198,000

(5500*36)

Direct Labour 143,000

(5500*26)

Variable manufacturing overhead 121,000

(5500*22)

Variable Marketing and administrative cost 44,000

(5500*8)

Contribution margin $566,500

Therefore Contribution margin will be $566,500

6 0
3 years ago
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