As a consumer it is important for you to study management because

Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable compet

Lilit [14]

Answer: Option B

Explanation: An organisation can earn sustainable competitive advantage in the market only if they have some special assets or rights that they can use to attract the customer and maintain their base for a period of time.

Although, globalization has made the world a single market and every entity is now focusing on maximizing their consumer satisfaction by doing researches and setting benchmarks.

Hence as every second entity operating at a global level is doing the given activities therefore none of them can get competitive advantage.

8 0

3 years ago

Read 2 more answers

A company had net sales of $760,200 and cost of goods sold of $547,400. Its net income was $19,340. The company's gross margin r

suter [353]

Answer:

1. A company had net sales of $760,200 and cost of goods sold of $547,400. Its net income was $19,340. The company's gross margin ratio equals:______

c. 28.0%.

2. The monetary unit assumption means that all companies doing business in the United States must express transactions and events in US dollars.

A. True

3. Paid-in capital is the total amount of cash and other assets the corporation receives from its stockholders in exchange for its stock.

A. True

Explanation:

Gross profit margin is calculated by dividing the gross profit by the sales and multiplying by 100. In this case, the gross profit is $212,800 ($760,200 - $547,400). The amount, $212,800, then divided by $760,200 and multiplied by 100 to obtain approximately 28%.

The dollar is the monetary unit for all business transactions conducted in the United States. The accounting assumption behind the monetary unit means that all transactions conducted in the United STates are reported in dollars.

8 0

2 years ago

Sarah can study 20 pages per night. each page has three homework problems. if she studies for 3 nights how many homework problem

ss7ja [257]

20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.

20*3=60
60*3=180

7 0

3 years ago

A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took

Citrus2011 [14]

Answer:

Reduction in work in progress = $7500

Explanation:

given data

time = 10 hours

time = 15 hours

worth = $1,500

to find out

reduction in work in process value

solution

we find work in progress by this formula

work in progress = Flow rate × Cycle Time .......................1

so Initial work in progress is

Initial work in progress = (1 per hour) × 10 hours = 10

and Final work in progress is here

Final work in progress = (1 per hour) × 15 hours = 15

so

Initial work in progress value = 10 × 1500

Initial work in progress value= $15000

and

Final work in progress value =15 × 1500

Final work in progress value = $22500

so

Reduction in work in progress = $22500 - $15000

Reduction in work in progress = $7500

4 0

3 years ago

Johnson Waterworks Corporation provides plumbing services. Transactions during the first year of operations are provided below.â

lisov135 [29]

Answer:

$ 26,100

Explanation:

Given:

Cash received = $13,000

Amount Paid for equipment to be used for plumbing repairs = $1,500

Amount borrowed = $10,000

Amount paid in rent for the year = $400

Amount paid for plumbing supplies = $300

Amount received for completing a plumbing repair = $3,400

Plumbing supplies left at the end of the year = $400

Now,

the total cash = Total Amount received - Total Amount paid

or

The total cash = ($ 13000 + $ 10000 + $ 3400) - ($ 1500 + $ 400 + $ 300)

or

The total cash = $ 24,200

Now

the assets from equipment = $ 1,500

Thus,

the total assets at end of the first year = The total cash + the assets from equipment + Plumbing supplies left at the end of the year

or

The total assets at end of the first year = $ 24,200 + $ 1,500 + $ 400

or

The total assets at end of the first year = $ 26,100

5 0

2 years ago