A company producing 20,000 refrigerators asks you advice on how they should take their business forward. what do you think would be the best advice to give the companies ceo?

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Answer 1
The company should evaluate their costs and their existing customer base. By evaluating costs the company may be able to save on redundancies or otherwise find a way to lower their cost and increase their profit margins. By examining their existing customer base they can determine who their existing clients are in respect to age, social status, income, etc. By understanding who their clients are they can better cater their product to these consumers, or can engage in advertising to bring in new consumers for their project.

Related Questions

A meeting manager should take charge by steering the group discussion.
a. True
b. False

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True. A manager should be a leader to the team and guide the team in productive discussion. A manager should be responsible for keeping the members of the meeting on task and focused in conversation about important points.

Suppose that two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. the accounting major has an offer for $45,000 per year, and the marketing student has an offer for $43,000 per year. summary information about the distribution of offers follows:

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1935000000    that is the answer to your math

If you purchase a gift worth $25 for your sister, but your sister would only pay $10 for the gift, then the:

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total amount that you would pay for the gift would be fifteen dollars. However, you felt that if you paid any less or even split the cost evenly, the gift would have significantly less meaning and value. A gift should be something given with nothing expected in return.
Final answer:

The question involves assessing the subjective value of a gift and calculating expected values in a probabilistic scenario involving picking envelopes for a fee. These examples pertain to the subject of Mathematics, specifically in probability and value assessment.

Explanation:

If you purchase a gift worth $25 for your sister, but she would only pay $10 for it, the situation relates to the concept of value and perceived worth. The value you've placed on the gift is $25, which is what you're willing to pay. However, your sister values it at only $10, which is what she is willing to pay. This illustrates that value is subjective and can vary from person to person.

In the scenarios provided, where a friend offers a deal involving picking an envelope for a $10 fee, each containing a coupon for a gift of varying values, the situation is an example of expected value calculation in probability. With a total of 100 envelopes, the expected value can be calculated by multiplying the value of each gift by the probability of picking an envelope containing that gift coupon, and then summing these products. The aim is to determine if the expected value of the gift is higher or lower than the $10 fee paid to participate.

William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William caused a minor accident that resulted in $700 of damages to his car and $1,100 of damages to the other car. William's car looks and drives fine and he chooses not to file a claim to repair his car. How much will William pay out-of-pocket to have the other car fixed? $800 $500 $1,550 $1,100 $750

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A collision coverage type of insurance only the covers the cost that is incurred due to damage to your car. It does not include the cost for the other car. Therefore you will have to pay the total of $1,100

If William does not file a claim, he is going to spend $1,100 out-of-pocket to fix the other car. Due to having insurance but not filing a claim, all expenses then become out-of-pocket. Some people chose not to file a claim because they do not want the claim on their insurance, their insurance to rise or to fix their car. Since he will now incur the expenses of the other car, he will pay the full repair amount.

Determine the cost of goods sold expense assuming kramer had used the lifo method instead of the fifo method.

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To determine the cost of goods sold (COGS) expense under the LIFO method, you start with the assumption that you have sold the most recent produced first, and work backwards. Generally, the formula for COGS expense is: Costs at the beginning of the year + Additional inventory cost during the year - Inventory at the end of the year

Manual handling of materials accounts for the primary source of injury in the workplace. A. False B. True

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Your answer is B true because when you are using things manually the tool might be to heavy for a man to carry. Which adds more weight so the person might drop it

Your answer is B.

The statement that manual handling of materials accounts for the primary source of injury in the workplace is true. Manual handling includes lifting, pushing, pulling, bending . these activities are the most common reason for injury when not done properly and with the proper equipment and safe clothing.

What are the three major factors identified in the text that are changing​ today's marketing communications​ landscape?

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One, is the general trend of what people what to see advertised now a days based on personal or political beliefs. Two, That which used to be wanted to be seen or allowed is not so anymore. Three, with a growing demographic, many new trends are coming about.

The way managers situate a firm relative to its rivals is called strategic ___________

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The way managers situate a firm relative to its rivals is called strategic positioning.
It means that a manager will take into account current affairs, the environment, rivals, etc. when creating a future image for his or her own firm. Based on those business terms, his or her image may change slightly to accommodate those alterations.

Sherilyn operates a store called the gift garden. her store sells pottery, candles, crafts, and other knickknacks that make good gifts for family and friends. the gift garden is a _____.

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traditional specialty store :)

Answer:

The correct answer is:  traditional specialty store.

Explanation:

A traditional specialty store is the type of business that focuses on offering only one type of product but diverse goods within the same category. Examples of traditional specialty stores are men's clothing stores, jewelry stores, electronic stores, and grocery stores.

As group​ leader, Julie always sat at the end of the long conference table. She assigned the seat to her right to her favorite group member. The other group members were appalled when a new member took the seat to​ Julie's right. Their reaction was likely caused by​ ____________.

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"pressure to conform" The shock reaction by the other group members was caused by the pressure to conform. This pressure to conform was introduced into the group by the group leader Julie, who had assigned the particular seat to a certain favored group member. The new group member hadn't experienced the pressure to conform that the other group members had experienced, and so sat in the seat that was reserved for the leader's favorite member.

Some of the main aspects of _____ include striving for long-term solutions rather than short-term gains, rectifying errors and delays as quickly as possible, focusing on the customer as the main priority, continually improving systems and people performance, investing in ongoing training programs and workshops, building teams that are motivated to be innovative and creative, and creating an environment where all employees are involved in providing ideas and feedback.

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The accompanying refered to above are the principle parts of Total Quality Management. A center meaning of Total Quality Management(TQM) portrays an administration way to deal with long– term accomplishment through consumer loyalty. In a TQM exertion, all individuals from an association take an interest in enhancing forms, items, administrations, and the way of life in which they work.

This is the concept of TQM, Total Quality Management that focuses on long term permanent solutions rather than short term temporary gains, rectification of errors and delays as quickly as possible, thinking customer as the main priority, continuous improvement in systems and people's performance, investing in training programs and workshops, building innovative and motivated teams and creating an environment where employees are open to give their ideas and feedback.

In short, a Total Quality Management is based on the principle that every person in the organization is committed to give high quality of work in all the fields of the organization.

Suppose 2-year treasury bonds yield 4.5%, while 1-year bonds yield 3%. r* is 1%, and the maturity risk premium is zero. using the expectations theory, what is the yield on a 1-year bond 1 year from now? calculate the yield using a geometric average.

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The expectation theory assumes that the yield curve accurately reflects the expected value of interest rates. b. Inflation is 4.5%-3%=1.5%-1%=0.5% in year one. Year two would be 1.5%.

Kroger is a retail food chain with over​ 2,500 supermarkets nationwide. although it does not produce any food​ items, it markets a line of canned and frozen goods carrying the kroger name. this is an example of​ ________.

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Based on the scenario given above, this is an example of licensing brand. This type of brand is a way of having the owner of the brand and the individual who wants or made use of the franchise or brand name in which there is an agreement laid out for it to run or proceed.

What entry would blue make to record the sale of the machine for $30,250 cash?

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An increase in cash would definitely placed in debit because it considered an asset and we need to place the increase of sales on the credit side.
So, in this case, the entry would be

Cash       $ 30,250
       Sales                $ 30.250

Free market economies offer distribution methods for goods and services based on _____ .

government
trade-offs
price

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Free market economies offer distribution methods for goods and services based on ''price''.

Answer: C) Price.

the answer to your question is PRICE

If there are 22.36 million homes in the uk, approximately how much money in total do uk households pay for their electricity per year? assume 365 days in a year

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In United Kingdom, assume that there are 22.36 million home and approximately £2,938 million money in total do UK households pay for their electricity per year, use 365 days in a year.

So, £2,938 million is the money in total UK households pay for their electricity per year.

What is UK?

The United Kingdom of Great Britain and Northern Ireland, also known as the United Kingdom (UK) or Britain is a sovereign country in Europe, off the north-western coast of the continental mainland. It comprises England, Wales, Scotland, and Northern Ireland.

The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles.

Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea.

The total area of the United Kingdom is 93,628 square miles (242,500 km2)

United Kingdom estimated 2020 population of more than 67 million people.

The United Kingdom is a unitary parliamentary democracy and constitutional monarchy.

The monarch, Queen Elizabeth II, has reigned since 1952.

The capital and largest city of UK is London, a global city and financial centre with a metropolitan area population of over 14 million. Other major cities include Birmingham, Manchester, Glasgow, Liverpool and Leeds. Scotland, Wales, and Northern Ireland have their own devolved governments, each with varying powers.

What is Electricity?

Electricity is a fundamental form of energy observable in positive and negative forms that occurs naturally (as in lightning) or is produced (as in a generator)

It is expressed in terms of the movement and interaction of electrons.

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Final answer:

To estimate the total yearly electricity cost for UK households, we multiply the average electricity usage per household by the number of households and the number of days in a year. We would also need the cost per kWh to get the final total. An example with a hypothetical cost showed how the calculation could be completed.

Explanation:

To calculate the total amount of money UK households pay for their electricity per year, we need to first determine the average electricity usage per household and then multiply this by the number of households and the cost of electricity. Assuming the average UK household consumption is similar to that of an American household and using the provided background information, we have the figure of 30 kilowatt-hours (kWh) per day. Knowing there are 22.36 million homes in the UK, we can calculate the daily electricity consumption for all homes and then estimate the annual cost.

First, we calculate the total daily electricity consumption:

30 kWh (daily usage per household) × 22.36 million households = 670.8 million kWh consumed per day by UK households.

Next, we calculate the annual consumption:

670.8 million kWh/day × 365 days = 244.742 billion kWh/year.

We would need to know the average cost per kWh to find the total annual cost. If, for example, the cost was 0.20 GBP per kWh (hypothetical figure), the calculation would be:

244.742 billion kWh/year × 0.20 GBP/kWh = 48.9484 billion GBP paid per year for electricity by UK households.

It's essential to have the actual cost per kWh for accurate calculations as this rate can vary.

The phase of a computerized accounting system where day-to-day transactions are entered into the system is called:

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The answer is the third level which is activities. It is the level of operation where recording daily business activity is found. This is where most of the unchanging accounting work is handled. Activities are recognized using common language for example entering bills, writing checks, creating bills, receiving expenses, and so on. 

Suppose that this year's money supply is $600 billion, nominal gdp is $15 trillion, and real gdp is $3 trillion. the price level is

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Nominal GDP = $15 Trillion Real GDP = $3 Trillion M = $600 Billion Having them in billion units, Nominal GDP = $15000 Billions = P x Y Real GDP = $3000 Billions = Y P = P x Y/ Y = 15000/3000 = 5 As we know M x V = P x Y which gives V = (P x Y)/M = 15000/600 = 25.

On january 1, 2013, a company sold a piece of equipment for $30,000 which it had used for several years. the equipment had cost $45,000, and its accumulated depreciation amounted to $20,000 at the time of the sale. what are the net effects on the accounting equation of selling the equipment?
a. assets and shareholders' equity increase $30,000.
b. assets and shareholders' equity increase $5,000.
c. assets and shareholders' equity decrease $5,000.
d. assets decrease and shareholders' equity increases $5,000

Answers

Book value on the date of disposal
Cost of the equipment - accumulated depreciation
45000-20000=25000

Gain on disposal of the equipment
Proceeds from sales - book value on the date of disposal
30000-25000=5000

The amount of gain on disposal (5000) is reported under “Other revenues and
gains” section of the income statement which increase the profit which transferred into shareholders equity. Also, the account of the equipment will be zero

So the answer is d

Hope it helps!

The company has $10,000 in its checking account, $20,000 in its savings account, $1,000 in petty cash, $25,000 in one-year treasury bills, and $15,000 in a money market fund. what amount should be reported as cash and cash equivalents on the balance sheet?

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Final answer:

The amount to be reported on the balance sheet as cash and cash equivalents is $71,000, which includes a checking account, savings account, petty cash, one-year Treasury bills (if maturity is less than three months), and money market fund balances.

Explanation:

To report the amount as cash and cash equivalents on the balance sheet, one must identify which items are considered to be highly liquid and can be easily converted into cash. According to common accounting principles, cash equivalents include short-term investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

In the provided scenario, the company has the following items:

Checking account: $10,000Savings account: $20,000Petty cash: $1,000One-year Treasury bills: $25,000Money market fund: $15,000

Cash would include checking accounts, savings accounts, and petty cash. Cash equivalents would typically include money market funds and short-term government securities like Treasury bills, provided they have a maturity of three months or less at the time of purchase. In this case, assuming the one-year Treasury bills have less than three months to maturity, they can be considered cash equivalents.

Therefore, the total amount to be reported as cash and cash equivalents would be the sum of all these items: $10,000 (checking) + $20,000 (savings) + $1,000 (petty cash) + $25,000 (Treasury bills) + $15,000 (money market fund) = $71,000.

if the federal Reserve buys 40000 in treasury bonds from a bank at 6% interest what is the immediate effect on the money supply

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Answer:it’s is increased by 40,000.

Explanation:

When gk, a company producing razors and shaving accessories for men, asks supermarkets to give its new razors shelf space and special displays, it is using a?

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Final answer:

The company is using a marketing strategy known as 'placing' or 'placement' which is about strategically positioning products in a retail space to maximize visibility and boost sales.

Explanation:

When GK, a company producing razors and shaving accessories for men, asks supermarkets to give its new razors shelf space and special displays, it employs a marketing strategy known as placing or placement. This method involves strategically placing products where they will be easily seen and accessed by potential customers. This is part of the 'Four P's' of marketing (product, price, promotion, and place). The goal is to increase product visibility, boost sales, and eventually increase market share. Supermarkets are ideal for this strategy due to their high foot traffic, thus increasing the odds of customers noticing and buying the product.

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Rent-a-drive is a car rental company. it prices its cars based on operations-oriented pricing. in this case, rent-a-drive:

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They will vary the prices of their cars based on the supply and demand they are experiencing. This is done as a way of getting the maximum amount of revenue when demand is lowered and pricing higher at periods in which the demand for cars is higher.

A _________ works outside established organizational divisions and has greater flexibility to apply innovative approaches to new products and markets.​​

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The answer is a venture team. This is a team that is cross functional because it has the ability of making new products that are being targeted or focused on new markets and that it also responsible of the aspects of the development of products.

The partnership is liable for torts committed by any partner of the firm while engaged in partnership business under the doctrine of:

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The partnership is liable for torts committed by any partner of the firm while engaged in partnership business under the doctrine of respondeat superior

You want to buy a new sports car from Muscle Motors for $76,000. The contract is in the form of a 60-month annuity due at an APR of 7.15 percent. What will your monthly payment be?

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Final answer:

The monthly payment for the sports car will be approximately $1,507.68.

Explanation:

To calculate the monthly payment on a 60-month annuity due, we can use the formula for the present value of an annuity due:

PV = PMT × [1 - (1 + r/n)^(-nt)] / (r/n)

Where:

PMT = Monthly paymentr = Annual interest raten = Number of compounding periods per yeart = Number of years

Plugging in the given values, we have:

76000 = PMT × [1 - (1 + 0.0715/12)^(-60)] / (0.0715/12)

Simplifying the equation, we find that the monthly payment (PMT) is approximately $1,507.68.

Gnomes r us is considering a new project. the company has a debt–equity ratio of .78. the company's cost of equity is 14.6 percent, and the aftertax cost of debt is 7.9 percent. the firm feels that the project is riskier than the company as a whole and that it should use an adjustment factor of +2 percent. what is the company's wacc?

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To look for the company’s WACC for the level of danger in the project. A debt-equity ratio of 0.78 suggests a weight of debt of 0.78/1.78 and a weight of equity of 1/1.80, so the company’s WACC is:

WACC = (0.78/1.78) (0.0780) + (1/1.78) (0.1460)

= 0.03417978 + 0.08202247

WACC = 0.1162 or 11.62%

3. Suppose you filed your taxes and received a small refund from the IRS. What would have been the impact on the refund amount if you had decreased the W-4 allowances for that tax year?

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The effect would have been that the refund amount will have increased. The fewer W-4 allowances you take, the more is withheld from your paycheck for tax purposes. If you withhold more, you will owe less at the end of the year, so the amount owed will have stayed the same but the amount withheld would have increased.

Now, suppose that mexico experiences a sudden bout of political turmoil, which causes world financial markets to become uneasy. because people now view mexico as unstable, they decide to pull some of their assets out of mexico and put them into more stable economies. this unexpected shock to the demand for assets in mexico is known as capital flight.

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Final answer:

Capital flight is a mass withdrawal of capital from a country due to instability, leading to currency devaluation, interest rate changes, and potential banking crises. It occurs in response to changes in economic factors such as interest rates, inflation, and political conditions.

Explanation:

The concept of capital flight refers to the sudden and large-scale outflow of financial capital from a country due to factors such as political turmoil or economic instability. As investors perceive risks in the country's economic environment, they move their assets to more stable economies, expecting a safer or higher return. This can result in a significant drop in the value of the country's currency, as the supply increases and demand decreases in the foreign exchange markets. For example, if Mexico experiences capital flight, there will be an increase in the supply of the Mexican peso and a decrease in its demand leading to the peso's depreciation against more stable currencies such as the US dollar.

Moreover, other repercussions may include a rise in domestic interest rates, a slowing down of economic growth, and possible banking sector distress if the local banks have a mismatch between their assets (loans in local currency) and liabilities (debts in foreign currencies). Countries that borrow to invest in real capital rather than to finance consumption tend to be less susceptible to capital flight and its negative effects. International capital markets are sensitive to changes in interest rates, inflation rates, and political stability, which directly affect the supply and demand for a country's currency and its valuation in the currency markets.

The suffix -iasis means _____.

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Final answer:

The suffix '-iasis' is commonly used in medical terminology, and it is derived from Greek. It suggests a 'condition of,' 'state of,' or 'process of,' and is often used to denote diseases or abnormal conditions.

Explanation:

The suffix -iasis is used in the medical field, primarily in biological terminologies. It is derived from Greek and essentially means 'condition of,' 'state of,' or 'process of.' It is often used to denote diseases, particularly those involving pathological conditions or abnormal processes.

For example, the term 'psoriasis' denotes a medical condition where skin cells build up and form scales and itchy, dry patches. The suffix '-iasis' in 'psoriasis' signifies the 'condition of' being affected by this disease.

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