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nlexa [21]
3 years ago
12

Instructor Services is a technology company that offers many IT services in highly populated southern Ohio. The company's servic

es and products include computer training, support, monitoring, repair, network design, virus removal, and software upgrades. It even sells refurbished computers. The source of Instructor Services' strategic position is:________
A) low-profit margin and many customers.
B) high-profit margin and many customers.
C) high-profit margin and few customers.
D) broad needs and few customers.
E) broad needs and many customers.
Business
2 answers:
Leona [35]3 years ago
7 0

Answer:

E) broad needs and many customers

Explanation:

Every strategic position is driven by some particular source. In the case of Instructor Services, a technology company, the source of their strategic position is obviously that of broad needs and many customers.

Instructor Services produces various services and products which include, repair, network design, virus removal, etc, to meet the needs of many customers that are in Southern Ohio, which is highly populated.

Targeting customers in a highly populated area, would most likely yield a good result as several IT services are offered to meet the broad needs of the customers in that highly populated area.

Broad needs and many customers is the source of Instructor Services strategic position.

Brrunno [24]3 years ago
3 0

Answer:

E is the correct options, broad needs and many customers

Explanation:

The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.

Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.

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How does the following transaction impact cash flow?
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Increase

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3 years ago
Xia Co. currently buys a component part for $5 per unit. Xia believes that making the part would require $2.25 per unit of direc
belka [17]

Answer:

Xia Co.

1-a. The relevant costs for Xia Co. to make or buy the part:

Direct materials         $2.25

Direct labor                   1.00

Incremental overhead 0.75

Total relevant cost   $4.00

1-b. Xia should make the part.  It will cost Xia $4.00 to make the component while it costs it $5.00 to buy.  It should therefore, make the component.

Explanation:

a) Data and Calculations:

Price of buying component = $5

Cost of making component:

Direct materials         $2.25

Direct labor                   1.00

Incremental overhead 0.75

Total relevant cost    $4.00

b) The relevant cost for making the component is $4.00.  The overhead cost based on 200% direct labor is not a relevant cost.  It is an allocated fixed cost and must be incurred whatever decision is taken.  By making the component, Xia Co. will be netting in a unit contribution of $1 ($5.00 - $4.00) with the alternative of buying.

8 0
2 years ago
Colin is 40 years old and wants to retire in 27 years. His family has a history of living well into their 90s. Therefore, he est
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Answer:

$2.1 million

Explanation:

Colin will retire at 67 and expects to live 28 more years. Be believes that he will need approximately $112,500 (in current dollars) per year to live while he is retired. His social security benefits are $30,000 + $20,000 in a government sponsored annuity (in current dollars) per year, so that means that he needs to cover the remaining $62,500. In order to calculate this, I will assume that Colin receives his first distribution on his 67th birthday (annuity due) and each distribution is made on an annual basis and received on the subsequent birthdays until he turns 94 (28th distribution).  

The $62,500 that Jordan expects to need once he retires must be adjusted to inflation (3%). In 27 years they will equal $62,500 x (1 + 3%)²⁷ = $138,830.56

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Colin currently has $200,000 in his retirement account and in 27 years (age 67), his account will be worth $200,000 x (1 + 8%)²⁷ = $1,597,612.29

this means that Colin will be $2,064,637.04 - $1,597,612.29  = $467,024.75 short

using the future value of an annuity formula, we can calculate the annual contribution:

annual contribution = future value / annuity factor

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annual contribution = $467,024.75 / 87.35077 = $5,346.54

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