Continuous improvement is typically associated with ___

Good strategy execution involves Multiple Choice making choices among broad or narrow low cost and differentiation strategies to

Semmy [17]

Answer:

The answer is: team participation to perform strategy-critical activities in light of prevailing circumstances.

Explanation:

The good execution of the strategy is mainly related to the ability of managers to involve all operational areas and all employees in the process of participating in the strategic actions that were developed to achieve the goals and objectives of the organization.

Therefore, managers have an essential role in exercising control, coordination and monitoring of the teams, so that the execution of the strategy takes place in an effective and active manner, being shared as a responsibility and efforts of the entire team.

8 0

3 years ago

Bob is a minor and buys a BMW, from ABC BMW when he is 16 years old. His parents do not cosign. He signs a financing arrangement

Sav [38]

Answer:

It is too late for him to dis-affirmed the contract.

Explanation:

Contract is the legal binding agreement document between two parties for them to obey any given conditions specified in the document. In the case of Bob, despite the fact that he was a minor, his signature on the BMW contract shows that it is binding between ABC Motors and him.

The motor company might not be aware of his legal age which shows he is a minor before entering the agreement with him. It is expected that, he should honor his contract to the latter.

6 0

3 years ago

Forrest Company manufactures phone chargers and has a JIT policy that ending inventory should equal 20% of the next month’s esti

UNO [17]

Answer:

Total= 446,000 units

Explanation:

Giving the following information:

The inventory should equal 20% of the next month’s estimated unit sales. It estimates that October’s actual ending inventory will consist of 92,000 units. November and December sales are estimated to be 460,000 and 390,000 units, respectively.

Production:

Sales= 460,000

Ending inventory= (390,000*0.2)= 78,000

Beginning inventory= (92,000)

Total= 446,000 units

6 0

4 years ago

On January 1, 2021, the Coldstone Corporation adopted the dollar-value LIFO retail inventory method. Beginning inventory at cost

yaroslaw [1]

Inventory value of Cold stone Corporation as on 31/12/2021 is $ 58,600 at cost value and $61,530 at retail value

Explanation:

In the United Kingdom, Retail price index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

LIFO - last in first out method .,means the inventory purchased in last will be sold first.

opening inventory and closing inventory always calculated at cost price only

Cost of sales = sales- markup

= $846,000 - $11,000 = $835,000

Closing inventory value

= cost of sales - purchases - opening inventory

= $835,000 - $693,600 = $141,400 - $200,000 =$ 58,600

$= $835,000 - $693,600 = $141,400 - $200,000 =$ 58,600$

Retail value of inventory on 31/12/2021

= $ 58,600×1.05= $61,530

$= $ 58,600×1.05= $61,530$

3 0

3 years ago

Two annuities have equal present values and an applicable discount rate of 7.25 percent. One annuity pays $2,500 on the first da

nignag [31]

Answer:

$2681.30 approx.

Explanation:

The first annuity is case of annuity due

For the first annuity, $2500 + 2500 × cumulative present value factor at 7.25% for 14 years

= $2500 + 8.6158 × 2500

= $24040 approx

The second annuity is the case of deferred annuity wherein payments are made at the end of the year.

Payment amount of second annuity = Present Value of first annuity ÷ cumulative present value annuity factor at 7.25% for 15 years

This will be equal to 24,040/8.9658 = $2681.30 approx.

5 0

3 years ago

Continuous improvement is typically associated with ____.