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Natasha2012 [34]
3 years ago
10

1 Carlos owns a private limited company called BettaBakers Limited. It produces

Business
1 answer:
deff fn [24]3 years ago
8 0

Answer:

Explanation:

A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.

B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.

C) Carlos could either lower costs by using cheaper materials or hire more employees.

D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.

E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.

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Answer:

a. The supplier has more bargaining power than the firm.

Explanation:

This is an example of one of Porters' five forces. The supplier has a monopoly and thus entertains a high market share. This means that the supplier has more bargaining power than the firm as if the firm wants the ceramic there are no alternative options available for the firm; however, if the firm does not want supplies, the supplier can find plenty of firms that may need the ceramic thus making supplier more powerful than the firm.

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If a company produces many different products, it will develop a standard cost for each type of product. true false
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True. A company will develop a standard cost for each product type if it produces many different products.

The process cost system should be used when manufacturing is efficient and continuous. This system's equivalent units method successfully represents the challenging problem of determining how much work the Work in Process entails.

Process costing explains how to use the concept of equivalent units to assign manufacturing costs to the units produced. Businesses may create and market various goods, or at the very least, multiple versions of the same product. Most of the time, manufactured goods are connected in terms of consumption or production. The firm's output and pricing decisions must consider the relationships between the items when they are related.

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Answer:

The bond that should pay the highest interest rate is:

d. a bond issued by a new restaurant chain.

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This is based on the fact that the new restaurant chain is untested, has higher risk profile and the bondholders are assuming higher risks, and the bond cannot be compared to the bonds issued by the US government, New York State, and General Motors, in that order.  The new restaurant chain will be offering a higher rate of return than others because it is new to the bond market and would like to attract potential bond investors.   Without the higher rate, therefore, it will not be successful in the bond issuance.

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