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3 years ago

Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to

Business

1 answer:

gizmo_the_mogwai [7]3 years ago

5 0

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

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Black Diamond Company produces snowboards. Each snowboard requires 2 pounds of carbon fiber. Management reports that 5,000 snowb

Nonamiya [84]

1.Based on the information given the production budget for the third quarter is 148,500.

2. Budgeted cost of direct material purchases is 4,425,000.

3. Budgeted Direct labor cost is $1,485,000.

4. Total factory overhead is $2,376,000.

1. Budgeted production

BLACK DIAMOND COMPANY

Production Budget (in units) Third Quarter

Budgeted units sales 150,000

Add: Budgeted ending inventory 3,500

Less: Budgeted beginning inventory (5,000)

Budgeted production 148,500

2. Direct material budget

BLACK DIAMOND COMPANY

Direct Materials Budget Third Quarter

Budgeted production 148,500 units

Materials requirement per unit 2

Materials needed for production 297,000

(148,500units×2)

Budgeted ending inventory 4,000

Total material requirements(lbs.) 301,000

(297,000+4,000)

Budgeted beginning inventory 6000

Direct Materials to be purchased (lbs.) 295,000

(301,000-6,000)

Materials price per pound 15.00per

Budgeted cost of direct material purchases 4,425,000

(295,000×15 per)

3. Direct labor budget

BLACK DIAMOND COMPANY

Direct labor Budget Third Quarter

Budgeted Production 148,500

Budgeted Direct labor hours 74,250

(148,500×0.5)

Budgeted Direct labor cost $1,485,000

(74,250×$20)

4. Factory overhead budget

BLACK DIAMOND COMPANY

Factory Overhead Budget Third Quarter

Variable overhead $594,000

(74,250×$8)

Add Fixed overhead $1,782,000

Total factory overhead $2,376,000

Learn more here:brainly.com/question/16381677

8 0

3 years ago

Elizabeth's minimum monthly payment on her credit card is the higher of 2.5%

Vaselesa [24]

Answer:

$145

Explanation:

Minimum monthly payment at the rate of 2.5%

= 2.5/100 × $5,800

=$145

Between $12 & $145,

$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.

6 0

4 years ago

Discuss three potential problems a company can face if it decides to expand internationally. Explain why it is important to cons

denis23 [38]

Answer:

Three potential issues an organization can confront on the off chance that it chooses to extend universally -

Language and Cultural Differences - The main issue which comes in anybody's brain while extending their business universally is Language and Cultural Differences. On the off chance that you have a language not the same as your clients, it will be an immense test while conveying. There ought to be in any event one individual in your group who communicates in the neighborhood language. Various nations have various societies while extending your business universally, you ought to likewise remember the neighborhood culture and update your item/administration as needs be.
Outside laws and guidelines - Along with getting your business globally, increasing a far reaching comprehension of nearby laws and guidelines is pivotal. Without this, any organization can not work appropriately and would confront troubles later on. The work and work necessity contrasts from nation to nation. Every one of these parameters ought to be remembered while growing the business.
Neighborhood rivalry - While extending the business globally, you should manage import charges and taxes, and in this way making your items higher in cost. Along these lines, your rivals will have more favorable position on the off chance that they produce a similar item locally. You should be careful and know about what your rivals are doing to make your item increasingly open to clients.

Why it is critical to consider culturally diverse shopper conduct before growing past the residential market?

It is energetically prescribed to have appropriate information on multifaceted shopper conduct before growing past the household showcase in view of the accompanying reasons-

Culturally diverse purchaser conduct will give you the best possible information available where you will extend. It will give you a plan to choose advertise division. Since advertisers can not fulfill the necessities of the whole market, markets must be sectioned.
Qualities can likewise decide whether individuals of a specific religion/culture will be impacted by others in the public eye. Having a cross-culture purchaser conduct study will assist with knowing the part of culture that assists advertisers with distinguishing reference bunches that will have an orientation on buyer conduct.

Example - McDonald's Entry to India

While entering Indian markets, McDonald's confronted heaps of issues. The greater part of the dishes in McDonald's comprise of fixings as hamburger. Because of strict reasons, the utilization of hamburger India is denied. In this manner they needed to concentrate more on Chicken or all the more privately developed items to catch the market. Numerous new imaginative items were included the menu. Furthermore, therefore they got fruitful.

Extra issues that can be experienced are -

Consistence Issues
Store network dangers
Operational dangers
Representative Management and Training
HR and Benefits errands

4 0

3 years ago

Select each of the items with the best-numbered description of its purpose.

iren2701 [21]

Answer:

1. D

2. B

3. G

4. A

5. C

6. E

7. F

Explanation:

1. Notifies the materials manager to send materials to a production department: Materials requisition.

2. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production: Factory overhead account.

3. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department): Work in the process inventory account.

4. Standardizes partially completed units into equivalent completed units: Equivalent units of production.

5. Holds costs of finished products until sold to customers: Finished goods inventory account.

6. Describes the activity and output of a production department for a period: Process cost summary.

7. Holds costs of materials until they are used in production or as factor overhead: Raw materials inventory account.

5 0

3 years ago

In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes

bearhunter [10]

Answer: The answer is provided below

Explanation:

Coffee shop chain:

Many firms are supplying the needs of the market. But there is one particular coffee shop that has many customerw because it tastes bette. It is a differentiated product due to the fact that consumers feels it tastes is better than the taste of others. This is monopolistic competition.

White socks company:

Many firms arr producing the same output. This is a standardized product because each firm produces same homogenous output. This is a perfect competition. In a perfect competition, each firm is the price taker.

Taxi companies:

Few firms, or to be more precise only two taxi companies are in the market. We can deduce that their product is anything homogenous because the customers do not differentiate. Therefore the firms are in the oligopoly market.

Patented drug:

Only one single firm is in operation in the market, therefore this is a monopoly. There is one single seller in the market selling a unique drug that no firm else sells.

4 0

3 years ago