1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Daniel [21]
3 years ago
5

Recently, the Polish General Corporation, well-known for manufacturing appliances and automobile parts, initiated a $13 billion

project to produce automobiles. A great deal of learning on the part of management and employees was required. Even though pressure was mounting to get a new product to market in early 2012, the production manager of the newly formed automobile division insisted on almost a year of trial runs before sales started because workers have to do their jobs 60 to 100 times before they can memorize the right sequence. The launch date was set for early 2013. What are the consequences of using this approach to enter the market with a new product?
Business
1 answer:
vladimir1956 [14]3 years ago
5 0

Answer:

Polish General Corporation is a new player in automobile production, their background for manufacturing automobile parts is an advantage as they can insource for parts.

The approach of giving ample time for trials is a good one. It will be a competitive advantage for the company if their products are synonymous with quality.

Their first product in the automobile market place should set a standard on which the company can build a long lasting brand.

So the decision by the manager to prolong trials is a wise one. The employees will also have mastered the process at the end of this period, having practices 60 - 100 times. Based on the expertise learnt products produced in the future will also have high quality.

Explanation:

You might be interested in
Harvey buys a used Jet Ski from Taylor's Water Sports. Harvey takes the Jet Ski to the river and discovers that it doesn't work.
joja [24]

Answer:

The correct answer is option A

a. cure the defect.

Explanation:

A problem that can be corrected based on the agreed terms and conditions by a seller or buyer is a curable defect.

6 0
3 years ago
Insurance can help you: evefi
leva [86]

Insurance can definitely help you in case of an emergency.

Hope this helps!

8 0
4 years ago
Parsley Corporation had 250,000 shares of common stock and 5,000 shares of 8%, $100 par, preferred stock outstanding on December
lianna [129]

Answer:

Explanation:

Calculation of total loss:

Net loss 320,000

Preferred dividend [5000*8%*100] 40,000

Total loss 360,000

Calculation of shares:

Common shares 250,000

Additional common stock [36,000*7/12] 21,000

Total shares 271,000

Loss per share = 360,000/271,000 = $1.328

7 0
4 years ago
Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 5% charge on sales for using its c
ZanzabumX [31]

Answer:

Date      Account titles and explanation              Debit      Credit

May 20  Cash ($6,200 - $310)                              $5,890

              Credit card expenses ($6,200*5%)       $310

                    Sales                                                                    $6,200

               (To record the deposit)

3 0
3 years ago
Purchases$111,000 Freight-in 3,100 Sales 185,000 Sales returns 6,000 Purchases returns 4,500 In addition, the controller is awar
ivolga24 [154]

Answer:

Closing Stock = <u>38000 </u>

Explanation:

Net Sales = COGS + Gross Profit

  • <u>Net sales</u> = sales - sales return = 185000 - 6000 = 179000
  • <u>Gross Profit</u> = 60% of sales (as per gross profit ratio)

       = 60% of 179000 = 107400

  • <u>COGS </u>= Opening Stock + Net Purchase + direct expenses - Closing Stock

* <u>Net purchase</u> = Purchase - purchase return = 111000 - 4500 = 106500

*<u>Direct Expense</u> = Freight Inwards = 3100

Putting all values in formula :- Net Sales = COGS + Gross Profit

179000 = (0 + 106500 + 3100 - closing stock) + 107400

179000 = 106500 + 3100 + 107400 - closing stock

179000 = 217000 - closing stock

closing stock = 217000 - 179000

closing stock = 38000

3 0
4 years ago
Other questions:
  • Which of the following would not be an adjustment to net income using the indirect method? An increase in accounts receivable. A
    8·1 answer
  • A company uses the allowance method to account for uncollectible accounts receivables. When the firm writes off a specific custo
    12·1 answer
  • An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export
    9·1 answer
  • The Adjusted Trial Balance section of the worksheet for Van Zant Janitorial Supplies follows. The owner made no additional inves
    7·1 answer
  • One of the lessons that we learned from the Ford Pinto case was that:_________
    15·1 answer
  • Tate's annual salary is $36,460 paid twice each month. How much is
    14·1 answer
  • A company has the following selected account balances: Sales $ 250,000 Sales Discounts 1,500 Sales Returns and Allowances 2,300
    5·1 answer
  • General partners must obtain approval from a majority of the limited partners in order to manage the business. True or False
    5·1 answer
  • Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organizati
    5·1 answer
  • An account used in the periodic inventory system that is not used in the perpetual inventory system is?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!