Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:

Answers

Answer 1

Answer:

- Making sure the cost of their asset management is as low as possible

- Maximize their product delivery

- Making sure that their price of operation is efficient

- making sure price of their product is competitive

Explanation:

Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.

On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.


Related Questions

A company sells a plant asset which originally cost $354000 for $124000 on December 31, 2018. The Accumulated Depreciation account had a balance of $146000 after the current year's depreciation of $39000 had been recorded. The company should recognize a

Answers

Answer:

d. $45.000 loss on disposal.

Explanation:

a. $84000 gain on disposal. b. $84000 loss on disposal. c. $230000 loss on disposal. d. $45.000 loss on disposal.

Book Value on the Date of sale = Cost - Accumulated Depreication -Current year Depreciation

Book Value on the Date of sale = $354,000 - $146,000 - $39,000

Book Value on the Date of sale = $169,000

Gain (Loss) on disposal of the Asset= Selling Price - Book Value

Gain (Loss) on disposal of the Asset = $124,000 - $169,000

Loss on disposal of the Asset = $45,000

A part of a business's message that distinguishes it from all its competitors
is referred to as what?
A. Cultural sensitivity
B. Unique selling proposition
C. Superiority clause
D. Isolation technique

Answers

Answer:

Unique selling proposition.

Answer:b

Explanation:

Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.

Answers

Answer:Return On Assets=9.8%

Explanation:

Return On Assets =Net income/Average total assets

But

Net income=Revenues-Expenses

=$106,000 - $63,000

= $43,000

And Average total assets  is given as  (Beginning assets +Ending assets)/2

= ($413,000+$463000)/2=$876,000 /2

=$438,000

Therefore Return On Assets =Net income/Average total assets

= $43,000 / $438,000

=0.098 x 100

=9.8%

Karl purchased a second, larger home in which to live. He has
decided to rent his first home out for $1,500 a month. His
mortgage on the first home is $1,250. Is this an example of
passive income?
A) No B) Yes

Answers

Answer:

yes

Explanation:

Passive income is any earning that does not require a person to get involved too much. It is income that requires little effort to earn and maintain. Examples of passive income include shareholder's dividends and rental income.  Passive income contrasts with active income, where one participates, is fully engaged, or works for many hours.

Karl receives $1500 as rent and pays $1250 as a mortgage. He earns $250 without using too much effort.

The results of unethical behavior in a business can be catastrophic, both financially and in reputation. Clearwater Electronics currently has a solid reputation as an ethical organization and wants to maintain that reputation. Top management has tasked the HR department to reinforce ethical behavior consistently throughout the company. Given that responsibility, why is it especially important for the HR professionals themselves to behave ethically?

Answers

Answer:

Throughout the description segment below the overview according to the particular instance is defined.

Explanation:

Even though HR professionals become capable just of establishing as well as maintaining a healthy work atmosphere throughout positions of responsibility, it's indeed crucial that they somehow behave responsibly. This same HR department must therefore implement professional HR activities ensuring that they're being a model citizen again for the majority including its corporation's representatives.

Assume you just deposited $1,000 into a bank account. The current real interest rate is 7.00% and inflation is expected to be 8.00% over the next year. What nominal interest rate would you require from the bank over the next year? How much money will you have at the end of one year? If you are saving to buy fancy bicycle that currently sells for $1,050, will you have enough money to buy it?

Answers

Answer:

a) The nominal interest rate that I would require from the bank over the next year is 15%.

b) At the end of one year, I will have $1,150.

c) If I am saving to buy a fancy bicycle that currently sells for $1,050, I will have enough money ($1,150) to buy it.  It will be costing $1,134  ($1,050 * 1.08) with inflation rate of 8% in one year's time.

Explanation:

The nominal interest rate (15%) is higher than the real interest rate (7%) when inflation is positive because the real interest rate is adjusted for inflation (at 8%).  The real interest rate is the rate without inflation while the nominal interest rate factors in the inflation rate.

Prices for airline tickets change on average about once per month. This would suggest that airline ticket prices are

Answers

Answer:

relatively flexible

Explanation:

Flexible pricing is when there is room for negotiation of prices of a product between the buyers and sellers.

So the price is prone to change in short amount of time.

Sticky price on the other hand tends to be non negotiable and the does not change over time.in the given scenario prices for airline tickets change on average about once per month.

So there is constant change of the price every month. Meaning the buyer can convince the seller to change his offering price.

The price is relatively flexible

A__________is a customer benefit package (CBP) feature that departs from the standard CBP and is normally location specific or firm specific.

a. bottleneck
b. peripheral product
c. core product
d. variant

Answers

Answer:

d. variant

Explanation:

A variant signifies a set of attributes that is specific to the firm or location in which the firm operates.

For example, a restaurant chain operating for years that decide to entertain its guest with a live band in its new has just added a new variant to its customer benefit package.

Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.

increased visibility

increased efficiency

better quality

reduced cycle time

reduced process time in different areas



real-time status or availability of any process or product



faster execution of each process



high quality standards of products and processes

Answers

Answer:

Increased visibility- real-time status or availability of any process or product

increased efficiency - reduced process time in different areas

better quality- high-quality standards of products and processes

reduced cycle time-faster execution of each process

did get it right?

Dividends are best defined as:

a. cash or stock payments to shareholders.
b. cash or stock payments to either bondholders or shareholders.
c. distributions of stock to current shareholders.
d. cash payments to shareholders.
e. cash payments to either bondholders or shareholders.

Answers

Answer: a. cash or stock payments to shareholders

Explanation:

A dividend is a cash or stick payment that is given to the shareholders of a company. This reward given to the shareholders can be in the form of cash or other form.

The dividend given to the shareholders is gotten out of the profit that the company makes.

Therefore, the correct option is A.

Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-

Answers

Answer:

e. None of the above assumptions would invalidate the model

Explanation:

Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"

According to dividend discount model,  

P0 = D1/(R-G)

D1 - Dividend at t =1

R - Required rate

G - Growth rate

This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.

A friend asks to borrow $635.52 today and promises to repay you $1,000 with interest compounded annually at 12%. How many years (compounding periods) will pass before you receive the payment

Answers

Answer:

4 years

Explanation:

We can calculate the years (compounding periods that) will pass before you receive the payment by calculating the PV factor at 12% as follows.

DATA

Amount borrowed = $635.52

future amount = $1,000

Interest rate = 12%

Time period (n) = ?

Solution

Amount borrowed = future amount x Present value factor (12%, n)

$635.52 = $1,000 x PV factor(12%, n)

0.63552 = PV factor(12%, n)

If you see in a discount table yu wi see 0.63552 in the fourth row of 12% rate that means it will take 4 years to receive the payment.

Project L costs $70,000, its expected cash inflows are $16,000 per year for 8 years, and its WACC is 13%. What is the project's discounted payback?

Answers

Answer:

6.89 years

Explanation:

The discounted payback period can be calculated by using the following table

Year        Cash flows                PV(13%)             Cumulative Cash flows

0               (70000)                    (70000)                           (70000)

1           16000                    14159.29                       (55840.71)

2           16000                    12530.35                      (43310.36)

3           16000                       11088.80                      (32221.56)

4           16000                        9813.10                        (22408.46)

5           16000                        8684.16                        (13724.30)

6           16000                         7685.10                       (6039.20)

7           16000                          6800.97                         761.77

8           16000                          6018.56                       6780.33

Discounted Payback = 6 years + 6039/ 6801

Discounted Payback = 6.89 years

On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:

I need help with the analysis part. Thank you!

Answers

Answer:

first part

Return on equity = net income / equity =

net income = total revenue - expenses = $66,500 - $42,700 (salaries) - $6,900 (utilities) - $8,000 (supplies) - $1,675 (depreciation) - $2,700 (taxes) = $4,525

equity = $153,200 (Dec. 31 balance) + $42,000 (new stocks issued) - $20,000 (treasury stocks) - $3,620 (dividends) + 17,600 (treasury stocks sold) + $4,525 (net income) = $193,705

ROE = $4,525 / $193,705 = 2.34%

The company is less profitable than other companies in the same industry.

second part

total stocks outstanding = 18,100

third part

EPS for January = $4,525 / 18,100 = $0.25

EPS for January is higher than last year's average

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