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Tatiana [17]
3 years ago
8

Telsa’s new products have been successful, in part, because they have a well-defined new product strategy at their core and are

driven by the corporate objectives and strategies of using electricity over gasoline when designing automobiles. True or false?
Business
2 answers:
Brut [27]3 years ago
8 0

Answer:

The statement is: True.

Explanation:

The new product strategy comprises a series of steps that guide companies to sport common problems that concern a determined society or an overall sector of a market. With the help of innovation, the new product strategy aims to <em>solve that problem also with the use of technology and resource allocation</em>.

Tesla's new line of <em>autonomous-driven electric vehicles</em> is an example of the implementation of the new product strategy. Tesla's electric solar-charged cars are an alternative to the big problem of oil: <em>scarcity</em>. Besides, it has developed a system that allows drivers to enjoy more of their trips thanks to the help of the driving-assistant system.

Vinvika [58]3 years ago
6 0

Answer: TRUE

Explanation:Tesla was named according its Serbian American inventor Nikola Tesla, the automobile brand has as its mission to make sustenance automobile products which are based on Electricity, this sustainable energy approach by Tesla owners have led the company to expand and become very successful,the market for electric vehicles are ever growing as many more countries are adopting sustenance energy approach to the use of automobiles.

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Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
Nastasia [14]

Answer:

Equivalent units = 270,000

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Completed Units= total units in process during April - Closing WIP

                            = 280,000 - 25,000 = 255,000

Note that the description 'total units in process in during April', implies that the opening inventory is inclusive in the figure of 280,000.

Equivalent units = degree of completion(%) × units

Item                                                                                       Equivalent units

Completed units                255,000   255,000× 100%  = 255,000

Closing work in progress    25,000    25,000× 60%     =  <u>15,000</u>

Total equivalent units                                                           <u>270,000 </u>

Equivalent units = 270,000

6 0
3 years ago
When TOMS first introduced their shoes, they created a shoe that was extremely simple and cheap to produce. But the firm made a
kati45 [8]

Answer:C. social economic

Explanation:Social economic phylosophy is the kind of phylosophy,that deals or considers the society in making Economic decisions.

Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.

The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.

5 0
3 years ago
Read 2 more answers
Good cash management is an essential job of the financial manager. You own a small auto sales business called King Kars. You sto
nikdorinn [45]

Answer:

Explanation:

The answer to the above question is given in the attached document.

4 0
3 years ago
Read 2 more answers
Samples Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $21
Anvisha [2.4K]

Answer:

$18.60

Explanation:

Target cost:

= Sales revenue - Profit

= (No. of units sold × Selling price per unit) - (Investment require × desired return on investment)

= (20,000 × $21) - ($400,000 × 0.12)

= $420,000 - $48,000

= $372,000

Target cost per unit:

= Target cost ÷ Number of units

= $372,000 ÷ 20,000

= $18.60

Therefore, the target cost per unit is closest to $18.60.

5 0
3 years ago
Three years ago, Vincent Chow completed his degree in accounting. The economy was in a depressed state at the time, and Vincent
m_a_m_a [10]

Answer:

Prerequisite 1  

There are three nonexclusive serious techniques:  

Cost Leadership - target showcase exceptionally broad, point is to have the most minimal cost. Items not specific, attempt to speak to shoppers because of their low costs.  

Separation - items or administrations gave elite highlights that clients need, commonly an increasingly devoted specialty. Ready to charge more significant expenses because of these additional highlights.  

Center Strategy - either a cost authority or a separation methodology, yet focused for a tight, engaged market.  

Vincent's business utilizes a Focus Strategy. The Cappuccino Express was made with the conviction that because of individuals' evolving schedules, comfort would be vital – giving speedy and advantageous espresso to occupied individuals.  

Prerequisite 2  

Basic Success Factors are the vital money related and non-monetary proportions of achievement. To be increasingly explicit Critical Success Factors are features of the association's exhibition that are essential to its upper hand.  

The Cappuccino Express Critical Success Factors :  

Quality and cost of existing items  

Areas specific..near Malls , schools , workplaces and so forth.  

Devise new items at customary interims  

Client Turnover – capacity to keep lines short, vehicles traveling through line  

Keeping Loyal clients with quality items along these lines diminishing ad costs  

Giving incredible client support  

Improving Profitability  

The greater part of these Vincent will have the option to show some power about whether it is adjusting costs, items, guiding various areas or making preparing programs. Then again, if Vincent's essential supposition never again remains constant, regardless of what he does he will most likely be unable to equal the initial investment, not to mention turn a benefit.  

Prerequisite 2  

Vincent needs to leave on numerous assignments in dealing with The Cappuccino Express. To start with, Vincent must blueprint a statement of purpose, objectives, and destinations. As supervisor, Vincent must do statistical surveying. He should get some answers concerning his rivals, clients, and the economy. Additionally, he should utilize a workforce and train them. He should isolate the expenses into assembling costs (direct materials, direct work, and assembling overhead) and non producing costs (selling and managerial expenses). This will take into account monetary observing and precise gauges of benefits, stock, and expenses. Vincent ought to assess both of his areas and conclude whether to remain in business or grow. Additionally, Vincent ought to evaluate his item contributions, administrations, and quality. He can choose which sorts of publicizing (advancements and limits) to offer.

8 0
3 years ago
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