What effect might use of outdated or incorrect information have on a business?

ErgoWorld Inc. manufactures office furniture. The company is considering adopting a modular production system. A modular system

kari74 [83]

Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Explanation:

The options are:

A. most customers are likely to agree on a single product configuration.

B. customers prefer to upgrade their products by replacing their entire system.

C. customers are willing to pay a premium price for extreme customization and personalization.

D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.

Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.

5 0

3 years ago

Linda believes that employees can view work as being as natural as rest or play, and therefore the average person can learn to a

hram777 [196]

Answer: Theory Y

Explanation:

Douglas McGregor came up with this theory of labor motivation that proposes that people are motivated internally to work hard and so need little push to actually work.

They are like this because they have come to view work as being a natural occurrence just like rest or play. Because it is now natural to them, they are able to learn to accept and even seek responsibility. Managers prefer such workers.

6 0

3 years ago

Single plantwide factory overhead rate Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The

aliya0001 [1]

Answer:

Bach Instruments Inc.

a. Single plantwide factory overhead rate:

= Total overhead/total labor hours = $126,480/3,720 = $34 per hour

b. Total Factory Overhead Cost

Labor Per Unit Cost Product units Total Costs

Hours (Labor hours x $34) per product

Flutes 0.4 $13.60 2,100 $28,560

Clarinets 1.5 51.00 800 40,800

Oboes 1.2 40.80 1,200 57,120

Total $126,480

Explanation:

a) Data & Calculations:

Budgeted factory overhead = $126,480

Budgeted Direct labor Total

Production Volume hours per unit Hours

Flutes 2,100 units 0.4 840

Clarinets 800 1.5 1,200

Oboes 1,400 1.2 1,680

Total hours 3,720

c) Plantwide overhead allocation per unit = $126,480/3,720 = $34

d) The plantwide overhead rate is the dividend from total overhead costs and total labor hours. This rate is applied to the products based on the number of hours used to product a unit to obtain the per unit cost rate for each product. The resulting rate is further applied to the units produced in each product type to get the total cost of overhead for each product.

7 0

4 years ago

The federal government doesn't have a capital budget; however, private enterprises do have a capital budget and when they invest

mote1985 [20]

Answer:

Hello the options in regards to your question is missing attached below is the complete question

Answer : Private enterprise's investments are in assets that are meant to increase production, which are going to earn revenues and pay for themselves. Thus, private enterprise's spending is unambiguously going towards investments. It is very difficult to determine when the federal government's spending is an investment. ( B )

Explanation:

The federal government's investments are not discussed in relation to a capital budget and recorded as an asset because It is very difficult to determine when the federal government's spending is an investment, because Federal Government is not actually designed to operate as a business entity

4 0

3 years ago

By the time you turn 30 years old, what insurance do you expect to have?

WINSTONCH [101]

honestly you would need all of them because they are very important to have as you get older

5 0

3 years ago

Read 2 more answers

What effect might use of outdated or incorrect information have on a business￼?

What effect might use of outdated or incorrect information have on a business?