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WINSTONCH [101]
3 years ago
12

A major U.S. manufacturer of children's toys believes its main competitive advantage lies in its continuing development of innov

ative toys and games. The company is facing increasing competition on price, and it is strongly considering outsourcing to offshore firms as a means of reducing costs. The LAST function this firm should consider outsourcing is: a. research and development. b. distribution. c. supply-chain management. d. operations.
Business
2 answers:
SSSSS [86.1K]3 years ago
8 0

Answer:

A) research and development.

Explanation:

Usually when firms start to outsource (to foreign countries) some activities in order to lower costs, the first area to be outsourced is production or manufacturing. Then some supply chain areas might follow, but the areas that are usually never outsourced are research and development (R&D) and marketing.

We can use Coca Cola or Nike as examples:

  • Coca Cola owns very few production facilities while Nike doesn't own any.
  • Their supply chain is completely outsourced to local firms.
  • The only 2 areas that are kept under control of corporate headquarters are R&D and marketing. The branches that they open on foreign countries are in charge of marketing activities, but they all report to corporate headquarters. R&D is carried out only at their headquarters in order to keep sensitive information classified.

Over [174]3 years ago
4 0

Answer:

A. Research and Development

Explanation:

Research and development involves activities that companies undertake to innovate and introduce new products and services.

For the toy manufacturers, what they believe to he their major competitive advantage is in the development of innovative toys which is under the research and development function. It would be bad to put in context if they outsource their competitive advantage first.

If there's need for outsourcing, what is perceived as the company's competitive advantage should always be outsourced LAST.

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Maru [420]

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The correct answer is letter "C": the relationship between a​ country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

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Although not mandatory, career advisors almost all agree that an objective is extremely important to include on a resume.
ryzh [129]
This is true. Many career advisors will ask you to write an objective because it allows the prospective employer so quickly see who you are and what you want to gain by working at their firm.
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EastWind [94]

Answer:

The correct answer is dominating.

Explanation:

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4 0
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One of the necessary steps in the financial planning process is a forecast of financial statements under each alternative versio
Natalija [7]

Answer:

A) True

Explanation:

When you are elaborating a financial plan your ultimate goal is to determine in what projects or activities should your company invest its resources. In order to decide which alternative better suits your company, you must be able to compare how your company will be affected by the different options available. The only way to compare this is by forecasting different financial statements for every possible alternative that your company might choose.

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3 years ago
You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on
Anna35 [415]

Answer:

Annual payment= $3,250.77

Explanation:

Giving the following information:

You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year.

FV= 300,000 - 43,000= $257,000

i=6%

n= 30

Annual payment= ?

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (257,000*0.06)/{[1.06^30]-1}= $3,250.77

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4 years ago
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