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Anon25 [30]
3 years ago
9

For many years, general electric had a corporate strategy of being among the top three firms in any market in which it operated;

if it could not achieve a top-three position, it would exit the market. this strategy often resulted in the company __________ when certain product lines failed to meet this expectation.
Business
1 answer:
Nostrana [21]3 years ago
8 0

Decreasing their product mix.

If a company cannot meet their strategic goals for a product they may decide to stop the sale and production of that item all together to focus resources on better-performing goods.

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My favorite customer while working in banking was Mr. Smith, I built a relationship with through asking questions and uncovering needs. I’m doing so I was able to find out about his family & met them and even have been In each other lives for years now!!
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3 years ago
Adjust the separate financial statements of Parent Inc. to reflect the proposed acquisition. Adjust Parent's pro forma 2019 fina
Dvinal [7]

Answer:

Separate financial statement are adjusted and prepared for parents and subsidiaries.

Explanation:

6 0
3 years ago
MC Qu. 95 A job was budgeted to require... A job was budgeted to require 2 hours of labor per unit at $12.00 per hour. The job c
docker41 [41]

Answer:

The direct labor rate variance is negative 16,500

Explanation:

8,000 units at 2hours per unit = 16,000 hours x <em>$12 per hour</em> = $192,000 standart cost for the job

actual 15,000 hours and $196,200 total labor cost

labor cost per hour = 196,200/15,000 = <em>13.1 actual rate per hour</em>

( standar rate - actual rate ) x actual hours = rate variance

(12 - 13.1) x 15,000 = -1.1 x 15,000 = -16,500

5 0
3 years ago
Trader joe’s differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. This
Liono4ka [1.6K]

Trader joes differentiate itself from competitors by offering top-quality foods obtained through sustainable agriculture. This business strategy implies that trader joes focus on gaining a market share and making up the loss in margin through increased sales.

According to the Cost Leadership article, Trader Joe's focuses on low-cost, high-quality products to attract customers' attention. Trader Joe's is a very small store less than 10,000 square feet.

Just Right Airline is probably sitting in the middle because it's basically trying to reconcile different strategic positions (high-quality features versus low price). Other airlines consistently pursue either differentiation or low-cost strategies.

Marriott has reduced its cost structure by distributing its manufacturing facilities across multiple hotel types, increasing the diversity and differentiated appeal of its hotel line.

Learn more about Trader joes at

brainly.com/question/24130059

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5 0
1 year ago
Each unit of a product requires 5 components. The average number of components is 5.50 due to component failure. Purchasing high
Evgesh-ka [11]

Answer:

correct option is d. $225

Explanation:

given data

product requires  = 5 component

average number of components = 5.50

reduce average number of components = 5 per unit

cost per component = $450

solution

we get here reduction in failure costs per unit due to purchasing that is express as

reduction in failure costs per unit due to purchasing = ( average number of components - product requires ) ×  cost per component   .......................1

put here value and we get

reduction in failure costs per unit due to purchasing = ( 5.50 - 5 ) × $450

reduction in failure costs per unit due to purchasing = $225

so correct option is d. $225

4 0
3 years ago
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