1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marianna [84]
3 years ago
12

In your own words, discuss GAP management and then suggest a way to reduce the impact of its limitation. Do not duplicate limita

tions and solutions; that is, you can discuss the same limitation as a fellow student if you are able to suggest a different way of reducing the impact.
Business
1 answer:
vichka [17]3 years ago
5 0

Answer:

Gap management is a strategy which every business follows. A business can be successful only if it sets goals for its future.

Explanation:

Gap management is the difference between where an organization stands today and where it wants to be in future. A company's management will set its own targets and then sets position of the company. There are limitation of gap management as there can be targets which are sometimes unachievable or there are some external forces which hinders the business progress.

You might be interested in
Sanders Inc. has applied $567,988 of overhead to jobs in the cost ledger. Actual overhead at the end of the year is $575,000. Th
lesya692 [45]

Answer:

option (c) $7,012 underapplied, increase Cost of Goods

Explanation:

Data provided in the problem:

Applied overhead to the job = $ 567,988

Actual overhead at the end of the year = $ 575,000

Since the actual overhead at the end of the year is more than the overhead applied.

thus, the overhead is underapplied i.e less than the required.

Now, the amount of underapplied overhead is calculated as

= actual overhead - applied overhead

or

= $ 575,000 - $ 567,988 = $ 7012

also, the underapplied overhead will lead to the increase in the cost of the goods.

Hence,

the correct answer is option (c) $7,012 underapplied, increase Cost of Goods

7 0
3 years ago
Jones Furniture Company produces beds and desks for college students. The production process requires carpentry and varnishing.
N76 [4]

Explanation:

To  formulate the LP model for this problem,

Let,

<em>X1 = Number of beds to produce</em>

<em>X2 = Number of Desks to produce</em>

Our objective function:

Max: 30X1 + 40X2

Constraints:

  • 6X1 + 4X2 ≤ 36 available carpentry hours
  • 4X1 + 8X2 ≤ 40 available vanishing hours
  • X2 ≤ 8 (demand for X2)
  • X1, X2 ≥0

Based on the constraints information as well as the objective function you can then solve using the graphical method.

6 0
3 years ago
Which bank installed the first atm machine in the united states? Bank of america
vfiekz [6]

Answer:

Chemical Bank

Explanation:

Research shows that in the year 1969, and on the 2nd of September, the first ATM (automated teller machine) of the United States was installed by Chemical Bank. This was done in the Rockville Centre branch of the Bank, in New York. This first ATM machine in the United States, was designed primarily the same way today's ATM machines exist.

8 0
3 years ago
Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
Sophie [7]

Answer:

A. ​$565,000

Explanation:

The computation of the budgeted operating income is shown below:

Sales revenue ($750 × 2,500)                      $1,875,000

Less: Variable cost ($500 ×2,500)               $1,250,000

Contribution margin                                       $625,000

Less: Fixed cost                                              $60,000

Budgeted operating income                        $565,000

7 0
3 years ago
Lorraine invested $50,000 in a nonqualified deferred annuity at the age of 50. Three years later, the contract has grown to $64,
stepan [7]

Answer:

a. The withdrawal is fully taxable.

Explanation:

When withdrawing from annuity before the age of 59.5, the amount is taxable as income. There will also be a 10% tax penalty, and there may be a surrender charge by the insurance company.

Lorraine was 53 when the withdrawal was made, so she will be affected by these charges.

It is advisable to not make withdrawals till after the accumulation phase and above 59.5 years old. Then these penalties will not apply, onlybthe income tax on the withdrawal.

3 0
3 years ago
Other questions:
  • Local playground equipment company plans to operate out of its current factory, which is estimated to last 30 years. all cost de
    12·1 answer
  • how is a functional structure or unitary structure organized? A. With a central executive handling all major decisions B. To lig
    11·1 answer
  • On October 28, 2013, Mercedes Company committed to a plan to sell a division that qualified as a component of the entity accordi
    5·1 answer
  • Sillytime Park competes with Splash World by providing a variety of rides. Sillytime sells tickets at $ 60 per person as aâ one-
    11·1 answer
  • In economics, the term "capital" refers to :
    7·1 answer
  • Consider the following demand schedule: Price Quantity Demanded $25 20 $20 40 $15 60 $10 80 What is the price elasticity of dema
    14·1 answer
  • CBA Company reported total stockholders' equity of $76,000 on its balance sheet dated December 31, 2018. During the year ended D
    11·1 answer
  • A _____________ is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
    13·1 answer
  • Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
    9·1 answer
  • The __________ strategy is the choice to do nothing to protect a vulnerability and to accept the outcome of its exploitation.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!