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3 years ago

GDP data (billions of dollars)

Business

1 answer:

vichka [17]3 years ago

5 0

Answer:

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Star, inc., is attempting to decide whether or not if it should change its manufacturing process to a new type of technology. th

Tcecarenko [31]

Changing the manufacturing process to a new type of technology is a management decision. For example, a drilling company bid on a contract at a mine I is worked at and obtained the specs that we needed to do the job successfully ie for the drill configuration. Consequently, their manager decided to remove the drill mast from the back of the drill truck and mount it on the side of the drill so the collar of the holes would not be too high for us to access and this was for horizontal drainhole drilling and it worked very well. This then represented a management decision. But it is well to remember that good suggestions for technical innovations often come from the hourly employees and when implemented can be very effective. Also, it is the hourly employees, in essence the workers that have to implement the management decisions and that takes much skill and hard work.

6 0

3 years ago

An investment project requires an initial investment of $100,000. The project is expected to generate net cash inflows of $28,00

Mamont248 [21]

Answer:

the payback period of the project is 3.57 years

Explanation:

The computation of the payback period is shown below;

Payback period:

= Initial investment ÷Cash inflows

= $100,000 ÷ $28,000

= 3.57 years

We simply divided the initial investment by the cash inflows so that the project payback period could come

Hence, the payback period of the project is 3.57 years

6 0

3 years ago

Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the

ki77a [65]

Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.

3 0

3 years ago

How do companies research potential new markets? Choose a global company who has a record of successful new market entry and exp

Contact [7]

Explanation:

Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.

As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.

IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.

8 0

3 years ago

Jerry Rice and Grain Stores has $4,430,000 in yearly sales. The firm earns 2 percent on each dollar of sales and turns over its

olganol [36]

Answer:

a. 5.37%

b. 5.08%

Explanation:

Firstly, we need to calculate net profit before return on stockholder's equity

Sales. $4,430,000

Net income % on sales 2%

Net income. $88,600

We will also calculate total stockholder's equity

Sales. $4,430,000

Asset turnover ratio. 4.5

Total assets. $984,444

Less: current liab. ($167,000)

Less: long term liab. ($342,000)

Total stockholder's. $475,444

equity

a. Return on stockholder's equity

= Total stockholder's equity ÷ Net income

= $475,444 ÷ $88,600

= 5.37%

b. New return on stockholder's equity

Total assets $984,444

× Asset turnover ratio. 4.75

New total sales. $4,676,109

Net income % sales. 2%

Net income $93,522

Recall that total stockholder's equity = $475,444

Net income = $93,522

Therefore, New return on stockholder's

equity = Total stockholder's equity / Net income

= $475,444 ÷ $93,522

= 5.08%

3 0

3 years ago