Answer:
a. All of the answers are correct
Explanation:
Typical quality improvements include electronic defect detection which will bring about efficiency in the service delivery to the customers, alteration of organizational architecture to increase local responsiveness to customer needs, purchase of robotic manufacturing systems which will more efficiency to the work being done in the organization and product redesign to meet the needs of the customers
1. Prior to the arrival of Alan Mullay, Ford was following a
strategy of offering products that were modified as per the tastes and
preferences of the local market. It did not pusrue a strategy of standardization.
For Ford, the focus was to meet the particular demands of local consumers. The
benefits of this strategy was that particular tastes and preferences of loacl
consumers were satisfied by producing models with different specifications for
different markets. For
example, Americans love SUVs and trucks while Asian and European
consumers have a preference for fuel efficient cars. This strategy helps Ford
to cater to all the different needs.
In terms of costs, such a stratgey increased the production and
operations costs as the economies of scale could bot be achieved. Further
advantages of standardization like common parts, sharing of development costs
could not have been reaped by Ford, thus increasing costs. Ford was pursuing this strategy due to the autonomy of different regions within Ford's organization.
<span>2. With the One Ford initiative, Mullay is trying to create car
platforms that can be used accross the globe without any need for modifications
and customizations. The benefits of this strategy is that development costs
will be shared among different markets, common parts can be procured for a car
model and eventually economies of scale can be achieved. For example, small cars like</span> Focus will have
the same set of requirements accross the globe and can be standardized easily. In terms of drawbacks, Ford will not be able to cater to regional
nuances in the taste of customers belonging to different markets.
<span>3. The One Ford initiative does not imply that Ford will now disregard
national and regional differences in demand. It will merely cut down the number
of platforms that stands at 15 currently to around five platforms. Minor
modifications will be allowed under the platform and these minor modifications
will ensure that national and regional differences in demand is satisfied. This
is specially the case for smaller cars like Focus, or the Escape
SUV.</span>
<span> </span>
Answer:
d. $4,000 credit to common stock
Explanation:
The journal entry is shown below:
Since the company issued 400 shares for $10 per share
So, the journal entry is
Cash Dr $4,000
To common stock $4,000
(Being the issuance of the common stock is recorded)
here the cash is debited as it increased the assets and credited the common stock as it also increased the equity account
Answer:
The United States can specialise in producing goods and services which capitalise on its competitive advantages.
Explanation:
Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.
It is a modification is started by the acquirer to redress a preparing mistake. The mistake could be a duplication of an exchange or the consequence of a cardholder question. The acquirer charges or credits the dealer DDA represent the dollar measure of the modification.
