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Harrizon [31]
3 years ago
6

Over the course of 40 years, Sal grew his company to six package shipping stores. with his retirement approaching and the increa

sed competition, he decided to reduce the number of locations to two. Sal's reduction of effort represents a:______.A. merger approachB. fixed plan C. defensive strategy D. growth strategy E. stability strategy
Business
1 answer:
Pavel [41]3 years ago
7 0

Answer:

<em>C. defensive strategy </em>

Explanation:

<em><u>Defensive strategy</u></em><em> </em><em> is been represented by the effort of Sal's reduction</em>.

Basically in defensive strategy, the consumers and the customers are been hold-back by the companies and organisations. In this when competition increases the companies try to pull back their old customers from their competitors company.

In the scenario which is been represented in the question the Sal's company indulge's in the action that is known as defensive strategy.

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The management of International Cookwares believes that delivery performance measures must be improved if the company is to main
algol [13]

Answer:

The manufacturing cycle efficiency is 23.53%.

Explanation:

Step 1 of 2

Throughput time includes process time of 4 days plus inspection time of 2 days plus move time of 3 days plus queue time of 8 days which gives throughput time of 17 days. The company’s product takes 17 days to pass through the manufacturing process.

Step 2 of 2

Calculation of manufacturing cycle efficiency.

Manufacturing cycle efficiency = Process time / Throughput time

= 4 days / 17 days

=23.53%

Thus, manufacturing cycle efficiency is 23.53%.

8 0
3 years ago
A relatively inflexible compensation system is , which determines the value of the jobs employees hold rather than paying indivi
Rudik [331]

This type of compensation system is called job-based pay.

This model of compensation determines <u>how much the employee would get paid according to the tasks that the employee has to do</u>. Pay raise in this type of compensation model would be determined by work tenure.

An alternative to this model is called <em>knowledge-based compensation</em> or <em>person-based pay.</em> In this approach, the individual receives compensation based on the skills and knowledge that person has to do the job. Thus, the more competent you are in the type of tasks you need to do, the higher the pay you will receive.

3 0
3 years ago
According to the quantity theory of money, the quantity of money is related negatively to the nominal interest rate:
galben [10]

Answer:

d. positively to the nominal gross domestic product

Explanation:

The quantity theory of money :

M = (P x Y ) / V

Where m = quantity of money

P × Y = nominal GDP

V = velocity

Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.

I hope my answer helps you.

3 0
3 years ago
Health mart is a retail store selling home oxygen equipment. health mart also services home oxygen​ equipment, for which the com
RUDIKE [14]

Answer:

1. Cash budget from April to June are

April $12,120

May $11,820

June $13,420

2a. $10,850 minimum cash inflow from sales is required in May.

But the Business made an inflow of $11,820.

This is sufficient to cover its expense and leave the minimum balance of $250.

HealthMart won't have to borrow in May.

2b.I. Health Mart as a result of the 10% sales slump in May will require $40 loan to finance its cashflow

2b.ii. Health Mart will not be required to borrow to fund its cashflow requirement of $11,400 in May (5% expenditure increase) because it has sufficient inflow from revenue to cover it

3. The cash budget is a key requirement of the Financial Director of any business:

a. It guides the Business Investment decision (what to do with excess liquidity)

b. It guides the Business Finance decision (whether to Fund its working Capital through additional capital injection or Loans if the Cash Budget shows long period of cash drought, if the offload Assets or restructure the Business etc)

c. It serves as a guide in deciding its credit policy or approving additional credit days to its customers or seeking more Payable days from its Suppliers.

d. It helps in determining how to stock its inventory. How much inventory to retain on hand, how often to reorder etc

Explanation:

Health Mart

1.

Cash Budget from April to June

April

*Oxygen sales - $8,000 - Credit Card (97%) + Cash (3%) received before end of day

Cash inflow = $8,000

*Service cash inflow - $4,200 - Credit Sales received this month (60%) + $4,000 credit sales received from last month sales (40%)

Cash inflow = $2,520 + $1,600 = $4,120

Total inflow = $12,120

May

*Oxygen sales - $7,500 - Credit Card (97%) + Cash (3%) received before end of day

Cash inflow = $7,500

*Service cash inflow - $4,400 - Credit Sales received this month (60%) + $4,200 credit sales received from last month sales (40%)

Cash inflow = $2,640 + $1,680 = $4,320

Total inflow = $11,820

June

*Oxygen sales - $9,000 - Credit Card (97%) + Cash (3%) received before end of day

Cash inflow = $9,000

*Service cash inflow - $4,600 - Credit Sales received this month (60%) + $4,400 credit sales received from last month sales (40%)

Cash inflow = $2,760 + $1,760 = $4,420

Total inflow = $13,420

2a.

Expected expenditure = $11,000

Deduct: Opening cash Balance = $400

Add: Cash Balance projection = $250

= Minimum Cash inflow from Revenue in May 2018 = $10,850

Actual Cash inflow in May = $11,820

2b.i.

May (adjusted inflow)

*Oxygen sales - $6,750 - Credit Card (97%) + Cash (3%) received before end of day

Cash inflow = $6,750

*Service cash inflow - $3,960 - Credit Sales received this month (60%) + $4,200 credit sales received from last month sales (40%)

Cash inflow = $2,376 + $1,680 = $4,056

Adjusted Cash inflow = $10,806

Note:

Expected expenditure = $11,000

Deduct: Opening cash Balance = $400

Add: Cash Balance projection = $250

= Minimum Cash inflow from Revenue in May 2018 = $10,850

Actual Cash inflow in May (adjusted inflow) = $10,806

2b.ii.

Expected expenditure = $11,550

Deduct: Opening cash Balance = $400

Add: Cash Balance projection = $250

= Minimum Cash inflow from Revenue in May 2018 = $11,400

Actual Cash inflow in May = $11,820

7 0
3 years ago
The managers at Harris Pizza in Boston have tracked the tips received by their drivers along with the total bill to the customer
Marina86 [1]

Answer:

Scatter Diagram.

Explanation:

Scatter Diagrams are convenient mathematical tools to study the correlation between two random variables. As the name suggests, they are a form of a sheet of paper upon which the data points corresponding to the variables of interest, are scattered.

3 0
3 years ago
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