Answer:
Comfy Fit Company
Contribution margin per hour of machine time:
Contribution margin for 1 hour of machine time will be equal to:
Swoop = $5 x 60/6 = $50 per hour
Rufus = $15 x 60/6 = $150 per hour
Explanation:
If Contribution margin:
Swoop = $5 for 6 minutes' machine time
Rufus = $15 for 6 minutes' machine time
Therefore, contribution margin per hour will be
Contribution x 60/6.
Since 60 minutes make an hour, there will be ten times more contribution for each.
This gives an hourly contribution of $50 ($5 x 10) and $150 ($15 x 10).
Answer: B) False
Explanation: Management by objectives (MBO) is a type management which it's main goal is to improve the performance of an organization by means of stating the objectives which of the organisation and is usually agreed on by both the management and the employees. In the case above some objective have being put in place by Candice using MBO method, which she later discovered that some department are not complying with. This would affect the results of the MBO program she introduced, for an MBO to yield improve results it needs full cooperation from employees.
Answer:
In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic problems?
Do you think most people perceived the underlying problems in the economy? Why or why not?
Explanation:
The factors which contributed to the counterfeit prosperity of the 1920s were the abundant availability of consumer goods; farmers bought plenty of land and farm equipment and produced a large amount of goods for market; the availability of credits and the stock market performance led the people to obtain higher standards of living and leisure time; President Herbert Hoover and other politicians declared that the economy was doing extremely well.
But people realized a dramatic change in the economy, when it went from this apparent prosperity to a severe depression between 1929 and 1932, with the stock market-black tuesday in Oct., 29, 1929, when the farmers-demand for food goes down after WWI, prices went down, farmers over produced, could not pay back loans and land was lost
; loans not paid back caused banks failed, people began spending less on consumer goods and personal income and debt-income gap between rich and poor increased.
Answer:
B.
Explanation:
Vertical integration is a merger of companies at different stages of production and/or distribution in the same industry. A strategy that many companies use to gain control over their industry´s value chain. This strategy is one of the major considerations when developing corporate level strategy.
The important question in corporate strategy is, whether the company should participate in one activity (one industry) or many activities (many industries) along the industry value chain.
For example, the company has to decide if it only manufactures its products or would engage in retailing and after sales services as well.
