Answer:
C. repetitive production
Explanation:
Based on the information provided within the question it can be said that only in Repetitive Production
will you see at most minor variations implemented. This is because this type of operations uses various machines in a pre-set process to make the product, a small change in the product specifications would require ALL of the equipment to be replaced, rearranged, or modified just to be able to implement the changes to the product. This many times costs more money than what the change will generate.
Answer:
$5.439
Explanation:
The computation the cost per equivalent unit for conversion costs is shown below:-
Units transferred = Beginning + Started into production - Ending inventory
= $13,800 + $105,000 + $26,600
= $145,400
Ending Inventory = 26,600 × 80%
= $21,280
Conversion equivalent units = Units transferred + Ending Inventory
= $145,400 + $21,280
= $166,680
Beginning work-in-process inventory = $58,115
Additional conversion costs = $833,583
Total cost = Beginning work-in-process inventory + Additional conversion costs
= $58,115 + $833,583
= $891,698
Conversion per equivalent unit = Total cost ÷ Conversion equivalent units
= $891,698 ÷ $166,680
= $5.439
The question is incomplete:
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
-Groupthink
-Mindguard
-Nominal Group Technique
Answer:
-Mindguard
Explanation:
-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.
-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.
-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.
According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.
Answer:
The correct answer is penetration pricing.
Explanation:
It is one of the pricing strategies that the company can follow when deciding to introduce a new product in the market. It consists of setting a low price at the time of product launch, in order to stimulate sales and quickly gain market share.
This strategy requires a great effort in distribution and promotion, in order to achieve market dominance that facilitates obtaining long-term benefits.
It is, for example, the strategy that the newspaper La Razón used at the time of its launch. It was sold for a time at a lower price than usual in this category of products, in order to make it known among consumers. Subsequently, its price was equal to that of other newspapers.
Answer:
(e)
Explanation:
Export management companies are usually profit oriented.
They serve as intermediaries by buying the product from a manufacturer such as an SME or new-to-export companies and then add commissions to the price to cover their profit.
They also assist in carrying out all aspects of exporting the product by Identifying international markets that best fits the product or service, they handle all shipping logistics.
An example of EMC is Cocofina an internationally recognized company that operates in several countries.
