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Dominik [7]
2 years ago
8

Which stage of the planning process is Jekyll Corp. involved in if it is assessing how well alternative plans meet high-priority

goals while considering the cost of each initiative and the likely investment return
Business
1 answer:
Shtirlitz [24]2 years ago
4 0

Answer:

Evaluating goals and plans

Explanation:

Planning is a very important activity that guides a business to achieve its set goals and objectives.

There are various stages in planning namely:

- Analysing the situation

- Selecting goals and plans

- Evaluating goals and plans

- Implementing goals and plans

- Monitoring and controlling performance.

In the given scenario Jekyll Corp. is assessing how well alternative plans meet high-priority goals while considering the cost of each initiative and the likely investment return.

This stage is the evaluation of goals and plans to see which of them will be more profitable.

It is done to identify the plan that will meet the organisation's objectives at least cost

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After conducting a market research study, Ed Manufacturing decided to produce a new interior door to complement its exterior doo
hram777 [196]

The target cost for each interior door is $96.

<h3>What is manufacturing?</h3>
  • Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
  • It is the core of the economy's secondary sector.
<h3>What is operating cost?</h3>
  • Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility.
  • They represent the cost of the resources an organization uses just to stay in business.
<h3>Solution -</h3>

Total revenue of the year (sales) = $120 × 20,000 = 24,00,000

Operating cost = 20% of sales = 4,80,000

Target cost of each door = 4,80,000 ÷ 20,000 = $24

120 - 24 = $96

Therefore, the target cost for each interior door is $96.

Know more about a business here:

brainly.com/question/24553900

#SPJ4

5 0
1 year ago
Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows: a. Firm A: 30% b. Fir
Aleonysh [2.5K]

Answer:

Herfindahl-Hirschman Index is 1400 and the industry is categorized as a competitive industry

Explanation:

The Herfindahl-Hirschman Index is a market indicator that is used to measure how competitive the companies or firms in an industry is. It tells whether the industry is highly competitive or monopolistic.

It is obtained by adding the square of the market share of all the firms in an industry. That is,

Herfindahl-Hirschman Index (HHI) = s1 + s2 + s3 +....... sn

(where s = market share of individual firms in an industry.)

From the question,

Herfindahl-Hirschman Index (HHI) = (30)² + (20)² + 10)² +(10)² + (10)²+ (5)²            

                                                            + (5)²+ (5)² + (5)²

                                                         = 600 + 400 + 100 +100 + 100 + 25 + 25 +

                                                            + 25 + 25

                                                         =  1400

An industry with an Herfindahl-Hirschman Index of less than 1500 units is categorized as a COMPETITIVE INDUSTRY.

One with an index of between 1500 to 2500 is considered as moderately competitive.

While an industry with higher values of HHI tends towards a monopoly.

6 0
3 years ago
Consider how you might use visual aids to explain each of the following:
Brrunno [24]

Answer:

There are various kinds of visual aids. Namely:

  1. PowerPoint Presentation
  2. Whiteboards
  3. Handouts
  4. Video clips
  5. Posters
  6. Product, objects or artifacts

Explanation:

a. How to stretch before and after excercise is best exemplified using video clips. The activity involves motion. Whiteboards or PowerPoint presentations or the others may attempt to describe how to bend over, however, a video tutorial showing what should be done needs little nor no explanation;

b. The proportion of the electorate that votes in major national elections in the United States, France, Germany, England, and Japan, respectively.

When it comes to comparing proportions, figures, numbers, statistics, PowerPoint presentations do more justice than any other visual aid listed above. It is equipped with a plethora of tools that help to express relationships between different kinds of data in a very clear and easy-to-understand manner.

c. Student Loans and where one can get them can be advertised using Handouts, and Posters as these are intended to reach more audiences by their very nature. Video clips work as well and even much more depending on where it is being published.

d. the wing patterns of various species of butterflies: Pictures arranged in sequence can be edited on to PowerPoint, WhiteBoard animation works excellently well too as it combines visuals with audio narrations in an animated format to explain what is being shown

e. Just in B, a decrease in the amount of money spent by public universities on arts since 2005 is an expression of the various relationships between factors and figures. The best visual aid for this is PowerPoint and Animated WhiteBoard

f. When it comes to demonstrating to a live audience how to do something complicated, video clips is the best visual aid that can be used

g. answer for f above applies to g as well.

Cheers

8 0
3 years ago
A mayor announces plans to reduce the salaries of Firefighters by ten percent, but the union that represents the
Alex787 [66]
The answer is Mediator.
Because when you google the definition of the mediator it tells you the following:

“a person who attempts to make people involved in a conflict come to an agreement; a go-between.”
8 0
3 years ago
Which contingency of power are unions mainly applying by going on strike at a critical time in the company's business cycle
Ksivusya [100]

Answer:

Centrality

Explanation:

By going on strike at a critical time in business cycle the contingency of power is centrality. Centrality is the degree and nature of power of interdependence that exists between between the the person holding power and others. Centrality determines the number of people who are affected by the decisions made by the person holding power.

5 0
3 years ago
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