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Anit [1.1K]
4 years ago
14

Researchers at PPG Industries spent considerable time, effort, and money developing a bluish windshield that would let in filter

ed sunlight but block out the heat. Little market research was done, but the scientists were convinced this new product would be significantly better than existing windshields even though it was more expensive and of a different color than the current models on the market. This scenario suggests PPG most likely has _______orientation.
Business
1 answer:
djverab [1.8K]4 years ago
8 0

Answer:

Production Oriented

Explanation:

A business that practices a manufacturing strategy tends to ignore the needs of its consumers and only focus on making a quality product effectively, called Production oriented company.

In this case, PPG Industry only concentrates on making a high-quality windshield, and ignore the purchasing power of their customers, also their scientist ignore the color choice of the consumer.

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Answer: A cafeteria plan

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4 years ago
Concord reported the following information for the current year: Sales (49000 units) $980000, direct materials and direct labor
Zanzabum

Answer:

Concord BEP: 400,000 units

Explanation:

Break Even Point (Units) = Fixed Cost / (Selling Price - Variable Cost) or

Break Even Point (Units) = Fixed Cost / Contribution Margin

Concord Break Even Point:

Contribution Margin Per Unit: (($980,000 - ($490,000 + $49,000)) / 49,000 =  $9

Concord BEP: $360,000 / $9 = 400,000 units

6 0
3 years ago
Marketing Manager Joe Driscoll stated that the company believes that all brands and product categories can be​ reinvigorated, ac
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4 years ago
Aqua Ltd issues a prospectus inviting the public to subscribe for 30 million ordinary shares of $2.00 each. The terms of the iss
Ronch [10]

Answer and Explanation:

The journal entries are shown below:

1. Bank Dr $36,000,000 (36 million × $1)

       To Share application $36,000,000

(Being the application received)

2. Share application $36,000,000

               To Share capital $30,000,000

               To bank $6,000,000

(Being the allotment is recorded)

3. Share allotment $30,000,000

       To SHare capital $30,000,000

4. Bank Dr $25,000,000

        To Share allotment $25,000,000

(being allotment is recorded)

5. Share capital $10,000,000

             To SHare forfeited $5,000,000

             To Share allotment $5,000,000

(Being share forfetied is recorded)

6. Bank Dr $9,500,000

   Share forfeited Dr $500,000

          To Share capital $10,000,000

(Being share forfeited is recorded)

7. Share forfeited Dr $4,500,000

      To Bank $4,500,000

(Beng  share forfeited is recorded)

4 0
3 years ago
Why is a high-quality bond typically considered a lower-risk investment than a stock?
dem82 [27]
There is risk in owning a stock and many unknown variables.  
In the case of bonds, you are guaranteed by the bond issuer that your principal and the agreed-upon interest will be paid at a defined time. 

Hope this helps
5 0
3 years ago
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