I would say that Ernest is experiencing culture shock with regards to his initial experiences in China. The behaviour of his clients to his request for a signed contract, the cities being so crowded and transportation being difficult within the cities and food he liked being hard to find are all aspects of this. However, if he persisted he probably would find ways of dealing with these things and discover how to develop trust with his clients, find transportation that suited him and with searching and asking find at least one or two places that had the food he liked. From my own experience, I had a job in El Salvador and suffered culture shock re how aggressive the drivers were so I learned to be aggressive or at least assertive in my driving and thus had more success in this respect.
Brainstorming and also the infinity diagram can be used in group decision making.
Answer:
Explanation:
a. Raw material needed to make one unit
Alpha = 25/5 = 5 Pound
beta = 10/5 = 2 Pound
b. Contribution margin per pound
Alpha Beta
Selling price 130 90
Direct material 25 10
Direct labor 22 21
Variable manufacturing overhead 17 7
Variable selling expenses 14 10
Contribution margin per unit 52 42
pound per unit 5 2
Contribution pound per pound 10.4 21
c. product mix
Pound Unit
Beta 62000*2 = 124000 62000
Alpha 38000 38000/5 = 7600
Total 162000
d. Maximum contribution margin = (62000*42+7600*52) = $2999200
e. Highest price = 10.4+5 = 15.40 per pound
You should write the executive summary last.