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sdas [7]
3 years ago
15

3. What do you think Firestone did wrong in their approach in South America and the United States? Why do you think the company

waited so long to tell customers about the problem?
Business
1 answer:
Whitepunk [10]3 years ago
6 0

Answer:

I believe that this question is about the recall of defective Firestone tires on some Ford trucks and SUVs.

Recalls are not only embarrassing, they are also extremely expensive. On August, 2000, Firestone had to launch a massive recall in order to replace 23 million tires manufactured between 1991 and 1996. The recall itself costed almost $10 billion to Ford and Firestone (including closing factories and lost sales) and many more millions in lawsuits since more than 62 people died and more than 100 severe accidents happened.

First of all, both Firestone and Ford did everything wrong, Ford started the recall in Saudi Arabia while people in the US and South America were dying due to accidents resulting from exploding tires. They tried to keep the problem secret but it was simply too big.

They did everything to keep the issue because they knew about the magnitude of their failure, only the Takata airbag recall costed more money.  Most car manufacturers and auto parts suppliers are very big companies that move a lot of money, and any recall costs tons of money due to the number of cars produced and sold.

Ford reacted before Firestone, since most of the bad rep fell over them because consumers don't care who provides the parts, they care about the whole car. Until the US government intervened, Firestone kept trying to hide the problem. Japanese headquarters said it was an American problem and American management said they didn't know what was happening.

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On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12
AysviL [449]

Answer:

Find attached complete part  of the question.

The unrealized gains is $3500

Explanation:

Y stock has been disposed and its gains or losses are now realized, and it is not applicable to our computation now.

Unrealized gains or losses is the difference between purchase price of a stock and its current market price

Stock X=($43-$40)*1500=$4500 gains

Stock Z=($21-$22)*1000=-$1000 losses

So unrealized gains overall =$4500-$1000

     unrealized gains =$3500

Note that the price of stock X  has risen to $43 from initial $40 while that of company  Z has fallen to$21 from the initial $22.

I

Download xlsx
3 0
3 years ago
Which of the following marketing variables is concerned with hiring and training of an organization's sales force?
enot [183]

Answer: A. Promotion

Explanation: You're promoting an employment opportunity for a job that is about promoting your business

6 0
3 years ago
Nick lives in San Diego and loves to eat desserts. He spends his entire weekly allowance on jello and pie. A bowl of jello is pr
OlgaM077 [116]

Answer:

Yes.

Explanation:

Market rate of exchange of jello for pie:

= Price of a piece of apple pie ÷ Price of jello

= $3.75 ÷ $1.25

= 3.00

At his current consumption point, Nick's marginal rate of substitution (MRS) of jello for pie = 3

Since MRS = Px/Py, hence, at this point of consumption bundle he is having a maximum level of utility.

Therefore, there is no need to change his consumption bundle because he is already at his maximum level.

4 0
3 years ago
How does the viscosity of the magma fed to volcanoes affect nearby life and property?
saveliy_v [14]
<span>A volcano that expels highly viscous magma is a greater threat to life and property because it is more explosives and thus is more difficult or impossible to predict. When there are more explosives happen, the damage that created to nearby life and poverty will also be increased. Depending on the amount of magma that being erupted, it might take more than ten years for the soil to have good enough composition for plants to grow.</span>
8 0
3 years ago
Warnes Motors' stock is trading at $20 a share. Three-month call options with an exercise price of $20 have a price of $1.50. Wh
jek_recluse [69]

Answer:

B. The price of the call option will increase by less than $2, but the percentage increase in price will be more than 10%.

Explanation:

Given

Trading price = $20

Exercise price of call option = $20

Call option price = $1.50

Price increment = 10% to $22

It's not be noted that the discounted present value of a price of an option is represented by its expected payoff.

An increment of $2 in stock price attracts an increment of more than $2 in the payoff option.

Having highlighted that, it's also to be noted that the increment in expected payoff will be by an amount less than $2 and same with present value because the possibility is less than 1. So, the price of the option will increase by less than $2.

Moving to the percentage increase;

This will be larger than 10%.

This is because when stock price increases by 10%, the value of the option will increase by more than 10%.

8 0
3 years ago
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