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Snezhnost [94]
4 years ago
10

Nike provides technical specifications to a subcontractor or local manufacturer for its products. What is this arrangement calle

d and what are its major benefits and drawbacks
Business
1 answer:
alexira [117]4 years ago
5 0

Answer:

Explanation:

The defined process is Contract manufacturing agreement .

Contract manufacturing agreement is a process where a client agrees with a manufacturer to design , manufacture according to specified requirements and deliver these goods which the client intends to integrate into his own final products.

Major benefits

It offers expertise skills in the process of production

Cost saving in capital , labor and other costs related to production, budgets are better managed and profit increases

It also gives time to focus on other business related activities

Drawback

Poor manufacturer might be engaged if research was not properly done before engagement . leading to bad products and bad reputation in the market

There is also a risk of potential delay in delivery

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He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

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3 years ago
What was the major financial change between post ww2 borrowers and borrowers after 1970?
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7 0
2 years ago
Jody manages the sales team for a sports equipment manufacturer. sales have been slipping downward at an alarming rate. she call
muminat

Answer: Directive Leadership

Jody manages the sales team for a sports equipment manufacturer. Sales have been slipping downward at an alarming rate thus Jody called a department meeting and set sales goals that the team need to meet. She doesn't care how they meet their goals; she just wants them to do it. Based on this path-goal theory, Jody is using a <span>directive style of leadership.</span>

3 0
4 years ago
Read 2 more answers
When you graduate from college, your mother plans to give you a gift of $70,000 to start you on your way. However, to determine
son4ous [18]

Answer:

C. A lump sum of $70,000 today.

Explanation:

C.- Because the if the cash is received today then you will don't have to discounted at all.

The other option puts the 70,00 in the future, so the present value will always be lower than 70,000 today under normal condition.

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3 years ago
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4 years ago
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