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3 years ago

A company cannot effectively differentiate its branded footware from the brands of rivals by

Business

2 answers:

Vesnalui [34]3 years ago

8 0

Answer:

Price only.

Explanation:

A company cannot effectively differentiate its branded footwear from the brands of rivals by Price only.

When there are companies in the market who sell the same products, they cannot just take the edge by lowering the price of their brand. There are many other things that need to be considered while competing in the market like Quality of the product, Design of the product, Colors of the product, etc. So while competing in the market of same products, a company should not only focus on price, but on the other factors as well.

Allushta [10]3 years ago

7 0

A company cannot effectively differentiate its branded footwear from the brands of rivals by getting a lower rate of rejection on their pairs of footwear in comparison to it's rivals.

When you have competition in the market, you want to make sure you are able to differentiate or show what is different/better about your product over your competition. If you aren't different, how will you product stand out? It won't. In a market, especially a market for shoes, it is a must to stand out because the competition is heavy!

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What is the business importance of managing the quality of business processes? Describe two methods of quality management.

Ratling [72]

Answer:

2 methods are LEAN and Kaizen

Explanation:

The value of quality management is to help businesses enhance the dependability, longevity and quality of their goods. Such variables distinguish a company from its rivals. Quality products equal more satisfied customers and more income.

Lean is a very diverse management technique. Lean most often uses the term theory to be embraced by the company (business). Lean is based on a number of fundamental principles. It is essentially the organization's attempt to improve constantly in all aspects and prevent unnecessary waste.

Kaizen is an development process centered on Japanese cultural heritage. The focus of the enhancement is to progressively optimize methods and working practices, improving quality and reduce scrap, save resources and time to reduce costs, increase workplace safety and reduce working-place hazards.

6 0

3 years ago

Read 2 more answers

The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.

katen-ka-za [31]

Answer:

Allocated MOH per unit= $45.94

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 1,178 2

Dinks 2,060 3

Estimated overhead costs for the period= 108,300 + 87,800= $196,100

Total direct labor hours= (1,178*2) + (2,060*3)= 8,536

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 196,100 / 8,536

Predetermined manufacturing overhead rate= $22.97 per direct labor hour

Now, we allocate overhead to Blinks:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22.97*2= $45.94

5 0

3 years ago

Inventories are part of investment and therefore included in gdp because

Natasha_Volkova [10]

Answer:

Explanation:

Inventories are part of investment and therefore included in GDP because firms produce goods and these goods may be unsold at the time GDP is computed

The value added method of calculating GDP recognizes inventory. Value added from raw materials to work in process and to finished goods are part of what goes into the computation of GDP

7 0

3 years ago

The comparison of the actual results of capital investments to the projected results is referred to as?

harina [27]

The comparison of the actual results of capital investments to the projected results is referred to as post-audit.

The payback method determines how long it will take for the company to recoup its investment. Annual cash flows are compared to the initial investment, but the time value of money is not considered and cash flows beyond the payback period are ignored.

Companies apply the time value of money in a variety of ways to make yes or no decisions about investment projects and between competing projects. Two of the most common methods are net present value and internal rate of return (IRR).

The minimum return on the capital investment required by management is called the return on investment. The collection method considers cash flows that occur both during and after the collection period.

Learn more about capital investments at

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6 0

2 years ago

Suppose the U.S. government imposes a quota on the number of Japanese-made cars allowed into the United States (the quota is set

Arturiano [62]

Answer:

The correct answer is c increase; remain the same.

Explanation:

Regardless of the motor market, in the technological world, audiovisual, sound and appliances, the Japanese country has evolved to become a huge world power sweeping the rest of the brands and filling all the sales lists. In addition, companies such as Toyota were gradually entering the forefront of the most Americanized and most popular vehicles in the United States. In 2007, the company displaced General Motors for the first time in the top of sales.

7 0

4 years ago