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otez555 [7]
2 years ago
9

If a company is pursuing a strategy to differentiate its branded footwear from the offerings of rival companies, its managers sh

ould make a point of examining the facility and production cost benchmarking statistics reported in p.6 of each issue of the FIR in order to
Business
1 answer:
Nata [24]2 years ago
4 0

Given that this company wants to differentiate its brand from that of its rivals, the managers should do this examination in order to determine if they have to take immediate actions in order to reduce cost of production.

They have to know if they should immediately take actions to reduce their cost of production at a specific facility due to the fact that the cost of producing one footwear is higher in comparison to their rivals.

By carrying out this comparison with the rivals, this business would be able to tell if there is a way they could cut down their cost and provide more value to their consumers.

Read more on brainly.com/question/9515343?referrer=searchResults

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Which two factors are important to consider when choosing a production method?
Hunter-Best [27]

Answer:

-The technology that is available for the market.

- The nature of the products

Explanation:

Latest technology often able to produce larger amount of products with significantly lower time. This will help reduce the overall cost of production in the long run.   Business owner need to consider this and calculate whether the initial investment that needed to be made to install the technology will worth the value in the long run.

Nature of the products consisted of all  the characteristics that our products process. For example food products tend to not have a long shelf life unlike fashion product. This difference in characteristics influence the type of production method that business owners could implement.

For example, It is impossible for business owners to mass produce produce food products with the expectation that it can maintain their quality in the warehouse, but producer of fashion products could make that expectation.

6 0
3 years ago
Sheffield Company discovered the following errors made in January 2022.
Tasya [4]

Answer:

A)

1. Dr Cash 400

    Cr Equipment 400

Dre Wages expense 400

    Cr Cash 400

2. Dr Service revenue 550

    Cr Cash 550

Dr Cash 5,500

    Cr Service revenue 5,500

3. Dr Accounts payable 260

    Cr Equipment 260

Dr Equipment 620

    Cr Accounts payable 620

B)

1. Dr Wages expense 400

    Cr Equipment 400

2. Dr Cash 4,950

    Cr Service revenue 4,950

3. Dr Equipment 360

    Cr Accounts payable 360

4 0
3 years ago
While working on a printer, you spill a cleaning solution that was sitting on the floor next to the printer stand. What step sho
aleksandrvk [35]

Answer: Check the MSDS for the liquid and follow the instructions.

Explanation:

The Material safety data sheet(MSDS) are document that contains information on the potential hazards(health, fire, reactivity & environmental) and working safely with chemical products. What to do after the spill is to check the MSDS for the liquid and follow the instructions.

8 0
2 years ago
How does the consumer drive the economy?
Juli2301 [7.4K]

Answer:

The consumer drives the economy by spending money.  The more money they spend, the better the economy is.

Explanation:

8 0
3 years ago
The current sections of Pearl Corp.’s balance sheets at December 31, 2021 and 2022, are presented here. Pearl Corp.’s net income
Kitty [74]

Answer:

$299,200

Explanation:

Pearl Corp.’s Statement of cash flows

Cash Flows from operating activities:

Net Income 279,400

Adjustments to reconcile net income to cash flow from operating activities:

Depreciation expense $46,200

Accounts Receivables Increase ($17,600)

(93,500 -75,900)

Inventories Increase ($17,600)

(85,800 -68,200)

Prepaid expenses decrease $2,200

(18,700- 20,900)

Accrued Expenses payable decrease($11,000)

($6,600- $17,600)

Accounts Payable increase $17,600

(96,800 - 79,200)

Net Cash provided by Operating Activities $299,200

6 0
3 years ago
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