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Furkat [3]
3 years ago
9

Identify the mission and strategy of your automobile repair garage. What are the manifestations of the 10 OM decisions at the ga

rage? That is, how is each of the 10 decisions accomplished?
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:mission and vision of the garage

Explanation: Mission — Provide excellent, on time service at a reasonable price Strategy — keep cost down by employing only the people you need Order parts when needed Advertise for business through word of mouth, fends, and referrals. 1- Goods and services design — prices are set on a per hour shop labour basis determined by a preset formula 2- Quality — certification is required to be employed at the shop Poor labour could negatively impact the reputation of the business 3- Process and capacity design — Business is laid out for the day by the shop manager, and done so on a per job basis Those jobs taking the longest will be started earliest in the morning 4- Location selection — The shop was chosen in a pre-existing building, on a busy street with lots of passing traffic for high exposure 5- Layout design — The layout of the work area is designed for easy access to tools and other necessity.

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When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0
2 years ago
Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect.
Furkat [3]

Answer:

B. The market demand is perfectly elastic at the market price. °

Explanation:

As we know that in the case of perfect competitive market there is a big number of sellers and buyers who sells same kind of product, there is no entry and exit barriers also the firm is a price taker

In addition to this, the market price and output would be measured by the supply and demand force. The profit maximizing output for every firm would considered the market price with the prescribed output and at the time when firm is shutdown so the market price would below the average variable cost

So the option b is incorrect

3 0
2 years ago
Dagnon Corporation uses direct labor-hours in its predetermined overhead rate, At the beginning of the year, the total estimated
xenn [34]

Answer:

a) $17.70

Explanation:

The computation of the predetermined overhead rate is shown below:

But before that we need to do the following calculations

Applied manufacturing overheads is

= $13,850 + $294,130

= $307,980

And,

Applied manufacturing overheads is

= predetermined overhead rate × Actual direct labor hours

Hence predetermined overhead rate is

= $307,980 ÷ 174,00 hours  

= $17.70

Therefore, the correct option is d. $17.70

3 0
3 years ago
What time is the rocket launch at cape canaveral?
Debora [2.8K]
30-minute launch window opens at 10:56 p.m.
6 0
2 years ago
Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the res
Temka [501]

Answer:

Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.

If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.

3 0
2 years ago
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