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Mrac [35]
3 years ago
11

David works in a small manufacturing firm that makes customized office furniture. He feels it is important to work directly with

customers to design high-quality furniture that meets their needs. He believes that doing so would create more value for customers and provide a better relationship between the price of the product and its benefits. In the context of operations management, David most likely focuses on _____.
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

effectiveness

Explanation:

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Target Market Selection Process:
I am Lyosha [343]

Answer:

The answer is Concentrated Marketing

Explanation:

Concentrated Marketing is a strategy whereby a product is developed and marketed for a very well defined and specific segment of the consumer population.

6 0
3 years ago
You have been asked to set up a network for a nationwide retailer with stores in all 50 states. The retailer would like to be ab
hram777 [196]

A centrally administered WAN network

8 0
2 years ago
Read 2 more answers
The price elasticity of supply for umbrellas is 2. Suppose you're told that following a price increase, quantity supplied increa
salantis [7]

Answer:

15%

Explanation:

The formula and the calculation of the price elasticity of supply are presented below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 2

And, the percentage change in quantity supplied is 30%

So, the percentage change in price is

= 30% ÷ 2

= 15%

7 0
3 years ago
Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga
Misha Larkins [42]

Answer:

Option C. Debit Cash and credit Stock Investments

Explanation:

The reason is that in the equity method of recording the dividends receipts, it is always deducted from the stock investment and the relevant share of reported net income of the associate is added to the stock investment.

So mathematically,

Stock Investment Under Equity Method = Opening Value for the year + Share of Net Income - Dividend received

Stock Investment Under Equity Method = $300,000 + $160,000 * 25% + $60,000 * 25% = $325,000

The above treatment shows that the recording of dividends include credit to stock investment and the cash receipt is always debited.

So the double entry would be:

Dr Cash $15,000

Cr Dividends $15,000

So the option C is correct.

3 0
3 years ago
5. Suppose Hillard Manufacturing sold an issue of bonds with a 12-year maturity, a $1,000 par value, a 10% coupon rate, and semi
balandron [24]

Answer:

Price of bonds = $1,389.73  

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

The value of bond for Hillard  can be worked out as follows:

Step 1  

<em>Calculate the PV of interest payments </em>

Semi annual interest payment

= 10% × 1,000 × 1/2 =50

PV of interest payment

A ×(1- (1+r)^(-n))/r

r- semi-annual yield = 5%/2 = 2.5%

n- 10× 2 = 20.

Note that the bonds now have 10 years to maturity because it was issued 2 years ago

PV on interest = 50 × (1-(1.025^(-20)/0.0425 = 779.45

Step 2

<em>PV of redemption Value </em>

PV = $1,000 × (1.025)^(-20) =   610.27

Step 3

<em>Price of bond </em>

=  779.45+  610.27 =  $1,389.73

Price of bonds = $1,389.73  

4 0
2 years ago
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