Olongapo Sports Corporation is the distributor in the Philippines of two premium golf balls-the Flight Dynamic and the Sure Shot. Monthly sales, expressed in pesos (P), and the contribution margin ratios for the two products follow. Fixed expenses total P183,750 per month.
(a) Prepare a contribution format income statement for the company as a whole. Carry computations to one decimal place.
Answers
Increase in contribution margin = P 183,750×45.9% = P84,341.25.
Gross margin and gross margin both consider the profitability of businesses of all sizes. The difference between them is that gross margin compares profits and sales in dollars, whereas gross margin compares costs and sales. To calculate profit margin, start with gross profit, which is the difference between sales and COGS. Then find the percentage of sales that equals the gross profit.
Margin is the down payment you make for the total cost of your home. Lenders will only finance up to 75-90% of the total cost of the property, leaving the rest as margin. Lenders see this upfront payment as a sign of commitment, and large payments reduce lending risk.
Learn more about margin at
https://brainly.com/question/10218300
#SPJ4
Related Questions
13. How might deflation be stopped?
O Increases in the money supply
O Reduction in interest rates
O Fed must stimulate the economy with expansionary monetary policy
O all of the above
Answers
Increases in the money supply, reduction in interest rates, and expansionary monetary policy by the central bank can help stimulate demand, increase spending and investment, and encourage borrowing, which can help to counter deflationary pressures in the economy. By increasing the money supply, the central bank can make credit more available, which can stimulate spending and investment, and help to reduce the impact of deflation. Similarly, reducing interest rates can make borrowing more affordable and encourage people to spend more, which can also help to counter deflation.
The activities of the federal reserve board have the most direct influence on.
Answers
Answer:
The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.)
All else equal, bond price volatility is greater for __________.
shorter maturity
higher coupon rates
lower coupon rates
lower default risk
Answers
All else equal, bond price volatility is greater for higher coupon rates. Therefore, the correct answer is option B.
Bond price volatility is the extent to which a bond price fluctuates due to the changing in interest rates. It's caused mainly by interest rate changes. When the rate rises, the bond price falls; when the rate falls, the bond price rises.
There are two factors that affect a bond's volatility: its coupon rate and the age of the bond (or the time it will be retired. It's also called maturity date or call date). Bonds that have low coupon rates have greater price volatility. Of course, market conditions also have a big effect on bond's volatility.
Learn more about bond volatility at https://brainly.com/question/17032242
#SPJ4
Can someone please help me with this question!
Answers
Answer:
I think you got it right*
Explanation:
I think this is the same question I took.
Which of the following recruitment step is demonstrated by placing an ad
within the classifieds section of a newspaper?
A. Determine availability of qualified candidates
B. Post job and implement recruitment plan
C. Develop position description
D. Identify open positions and evaluate need
Answers
Answer:
D
Explanation:
Megan is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,300 per year in an investment yielding 6 percent, what will be the value of the fund after three years? (Hint: Use Appendix A.3 (Links to an external site.) or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. NO cents! DOLLARS ONLY
Answers
Answer:
$ 7,322
Explanation:
$2300 per year is an annuity investment. The formula for future annuity value is as below
FV = A × (1 + r)^n - 1 / r
Where A = amount invested periodically
r = interest rate, 6% or 0.06
n = 3 years
Fv = $2300 x{ (1 +0.6)^3 -1} /0.06
Fv = $2300 x (1.191016-1) /0.06
Fv = $2300 x ( 0.191016/0.06)
Fv = $2300 x 3.1836
Fv= $ 7,322.28
Fv= $ 7,322
Survey researchers design and conduct surveys and analyze data. Some survey researchers design public opinion surveys. Other survey researchers (market research analysts) design marketing surveys which examine products or services that consumers want, need, or prefer. Most survey researchers work in research firms, polling organizations, nonprofits, corporations, colleges and universities, and government agencies. The majority work full time during regular business hours. A bachelor's degree may be sufficient for some entry-level positions. The median annual wage for survey researchers was $49,760 in May, 2014. SOURCE: Bureau of Labor and Statistics, U.S. 준. Surveys for scientific research cover various fields, including government, health, social sciences, and education. For example, a survey researcher may try to capture information about the prevalence of drug use or disease. An anonymous survey of college students was taken to determine behaviors regarding alcohol, cigarettes, and illegal drugs. The results were as follows: 894 drank alcohol regularly 665 smoked cigarettes 192 used illegal drugs 424 drank alcohol regularly and smoked cigarettes 114 drank alcohol regularly and used illegal drugs 119 smoked cigarettes and used illegal drugs 97 engaged in all three behaviors 309 engaged in none of the behaviors Source: Jamie Langille, University of Nevada Las Vegas How many students were surveyed? How many drank alcohol regularly or smoked cigarettes? How many used illegal drugs only? How many drank alcohol regularly and smoked cigarettes, but did not use illegal drugs? How many drank alcohol regularly or used illegal drugs, but did not smoke cigarettes? How many engaged in exactly two of these behaviors? How many engaged in at least one of these behaviors?
Answers
a. The number of students surveyed was 1,000.
b. 1,300 students drank alcohol regularly or smoked cigarettes.
c. 75 students used illegal drugs only.
d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.
e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.
f. 193 students engaged in exactly two of these behaviors.
g. 997 students engaged in at least one of these behaviors.
How many students participated in the survey?According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.
Learn more about: Survey research
brainly.com/question/30392577
#SPJ11
you are evaluating a project for your company. you estimate the sales price to be $290 per unit and sales volume to be 3,900 units in year 1; 4,900 units in year 2; and 3,400 units in year 3. the project has a three-year life. variable costs amount to $140 per unit and fixed costs are $195,000 per year. the project requires an initial investment of $228,000 in assets which will be depreciated straight-line to zero over the three-year project life. the actual market value of these assets at the end of year 3 is expected to be $39,000. nwc requirements at the beginning of each year will be approximately 14 percent of the projected sales during the coming year. the tax rate is 21 percent and the required return on the project is 8 percent. what is the operating cash flow for the project in year 2?
Answers
To calculate the operating cash flow for the project in year 2, we need to determine the components involved. the operating cash flow for the project in year 2 is $183,860.
First, let's calculate the annual cash inflows:
Year 1: Sales volume in year 1 * Sales price per unit = 3,900 units * $290 = $1,131,000
Year 2: Sales volume in year 2 * Sales price per unit = 4,900 units * $290 = $1,421,000
Year 3: Sales volume in year 3 * Sales price per unit = 3,400 units * $290 = $986,000
Next, let's calculate the annual variable costs:
Year 1: Variable costs per unit * Sales volume in year 1 = $140 * 3,900 = $546,000
Year 2: Variable costs per unit * Sales volume in year 2 = $140 * 4,900 = $686,000
Year 3: Variable costs per unit * Sales volume in year 3 = $140 * 3,400 = $476,000
Now, let's calculate the annual net working capital (NWC) requirements:
Year 1: NWC requirement rate * Sales volume in year 1 = 0.14 * 3,900 = $546
Year 2: NWC requirement rate * Sales volume in year 2 = 0.14 * 4,900 = $686
Year 3: NWC requirement rate * Sales volume in year 3 = 0.14 * 3,400 = $476
To calculate the depreciation expense:
Depreciation expense = Initial investment in assets / Project life
Depreciation expense = $228,000 / 3 = $76,000 per year
Now, we can calculate the operating cash flow for year 2:
Operating cash flow = Cash inflows - Variable costs - Fixed costs - Depreciation - NWC change
Operating cash flow = $1,421,000 - $686,000 - $195,000 - $76,000 - ($686 - $546)
Operating cash flow = $454,000 - $195,000 - $76,000 - $140
Operating cash flow = $183,860
Therefore, the operating cash flow for the project in year 2 is $183,860.
Learn more about cash flow
https://brainly.com/question/30066211
#SPJ4
Wegman's almost always promotes employees internally rather than hiring external candidates. This is an example of
a. job enrichment.
b. Herberg's hygiene factors.
c. Maslow's social needs.
d. job specialization.
e. Maslow' physiological needs.
Answers
Answer:
a. job enrichment.
Explanation:
How does saving compare to savings?
Answers
A savings account is a bank account that allows you to set money aside and earn interest in the process. Some savings accounts pay a lower interest rate while other savings accounts offer higher interest rates that can actually help you grow your money.
Millions of software programs have been created and have helped to improve the economy. This is an
example of
O new business
self-confidence
taxes
O demand for products
new technology
Answers
Answer:
new technology.
Explanation:
An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.
Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.
Additionally, an information system or technology comprises of five (5) main components;
1. Hardware.
2. Software.
3. Database.
4. Human resources.
5. Telecommunications.
Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.
Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.
suppose you bought a put option with a strike price of $35 for $4. what would be your payoff if the underlying stock is worth $48 at option expiration? (payoff, not profit)
Answers
The striking price, which establishes the price at which the option holder can buy or sell the underlying securities, is a crucial component of call and put options.
There are various options listed with strike prices above and below the current market value. Let's say that the share price of a stock is $100. The holder of the call option with a strike price of $110 would be entitled to purchase the shares at that price on or before the contract's expiration date. In other words, if the stock price drops, the option would be worth less, and if the price of the underlying stock rises, it would be worth more. The call will expire worthless if the price never rises beyond $110 before the expiration date, though. Considering that you might purchase the shares.
Know more about shares here:
https://brainly.com/question/28392295
#SPJ4
Shaniya and Taniya Sharma are 25-year-old indistinguishable twins. The Sharma’s live in a settlement on the outskirts of Ba town in Fiji Islands.
Shaniya was a brilliant child in secondary school and then proceeded to pursue her MBSS degree at Fiji School of Medicine campus in Suva. Apart from her studies, she aspires to become a student rep and will be contesting in the upcoming student election. On the other hand, Taniya was an average performer in high school studies unlike her intelligent twin sister. She got into bad company and also got addicted to drugs. She left her studies incomplete, and then decided to move to her uncle’s place in Savusavu (Fiji) to work in a soap factory. Shaniya is now into her third year of MBBS studies and has hardly talked to Taniya for three long years. Coincidentally, very few people at her campus are actually aware that she has a twin sister. Pooja, who is classmate of Shaniya and Taniya, is also pursuing her studies at the same tertiary institution. She has always disliked Shaniya owing to her intelligent traits and does not want her to win the upcoming elections. She devises a plan and gathers an old photograph of Taniya snorting a hard drug with her friends during her school days. She sends that mistaken picture to the local newspaper agency a day before elections and left a caption that read "Ms.Sharma is a drug addict".
The photograph was very clear and looked exactly like Shaniya. The local new agency unaware that Shaniya had an identical twin sister, published the photograph of Taniya the same day, with a caption that read, "Drug Addict for University Senate?". The news reporter also acknowledged that it had received the photograph of "Shaniya Sharma" anonymously earlier that day. Shaniya was very distressed about that newspaper’s publication and subsequently lost the election.
Thereafter, Shaniya filed defamation claims against both Pooja and the local Newspaper Agency.
1. Discuss the likely outcome of Shaniya’s defamation claim against Pooja? Use IRAC method
2. Discuss the likely outcome of Shaniya’s defamation claim against Newspaper? Use IRAC method
3. Discuss atleast 2(two) potential defenses for Pooja and Newspaper agency.
Answers
Discuss the likely outcome of Shaniya’s defamation claim against Pooja? Use IRAC methodThe IRAC method stands for Issue, Rule, Application, and Conclusion. It is a legal analytical framework that can be used to answer legal problems.
Issue: Shaniya Sharma filed a defamation claim against Pooja for gathering an old photograph of Taniya snorting a hard drug with her friends during her school days and sending that mistaken picture to the local newspaper agency a day before elections and left a caption that read "Ms. Sharma is a drug addict".
Rule: Defamation is a tort that arises when one person communicates something that is false, and it causes damage to another person's reputation. Application: In this case, Pooja communicated false information about Shaniya Sharma's drug addiction that damaged her reputation. Conclusion: Shaniya Sharma is likely to succeed in her defamation claim against Pooja.2. Discuss the likely outcome of Shaniya’s defamation claim against Newspaper? Use IRAC methodIssue: Shaniya Sharma filed a defamation claim against the Newspaper for publishing a photograph of Taniya Sharma with the caption that read "Drug Addict for University Senate?" Rule: Defamation is a tort that arises when one person communicates something that is false, and it causes damage to another person's reputation. Application: In this case, the Newspaper communicated false information about Shaniya Sharma's drug addiction that damaged her reputation. Conclusion: Shaniya Sharma is likely to succeed in her defamation claim against the Newspaper.3. Discuss at least 2 (two) potential defenses for Pooja and Newspaper agency.Potential Defenses for Pooja and Newspaper Agency include:Truth: A defense that may be available to Pooja and the newspaper is truth. If the information was true, it cannot be considered defamatory because it is a statement of fact. The court may order an investigation to determine whether the information was true or not.Privilege: Pooja and the newspaper agency may also raise the defense of privilege. In this case, it may be argued that Pooja had a social or moral duty to disclose information that was of public interest. The Newspaper Agency may also argue that it was merely reporting information that was already in the public domain.
To know more about defamation visit:
https://brainly.com/question/29829998
#SPJ11
After which problem-solving stage should you take action? A. defining the problem B. evaluating information C. gathering information D. making a choice
Answers
Answer:
Evaluate your decision
Explanation: correct mark brainlest plz. and thanks also []L7[]
Answer:
making a choice
Explanation:
retained earnings are: a. a liability b. profits that have not been distributed to shareholders as dividends c. the equivalent of stock d. the same as cash
Answers
Main answer: b. Profits that have not been distributed to shareholders as dividends.
Retained earnings represent the portion of a company's profits that have been generated and accumulated over time but have not been distributed to shareholders as dividends. It is a component of shareholders' equity on the balance sheet and reflects the reinvestment of earnings back into the business. Retained earnings contribute to the company's overall financial strength and can be used for various purposes such as future investments, debt repayment, or distribution of dividends in the future.
learn more about shareholders here:
https://brainly.com/question/23637587
#SPJ11
Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, and: Choose 2 answers. Not all correct answers selected corporate citizenship. regulations. constitutions. ethics.
Answers
Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, The correct answers are regulations and ethics.
Business law encompasses various sources of law, including statutes (codes), common law, court cases, and regulations. Regulations refer to rules and guidelines issued by governmental agencies that have the force of law and provide specific requirements and standards for conducting business activities. These regulations are created to ensure compliance with legal and safety standards and cover areas such as employment, environmental protection, consumer protection, and more.
Ethics, although not a source of law itself, is an important consideration within business law. Ethics refers to principles and standards of conduct that guide ethical decision-making in business. While not legally binding, ethical considerations play a crucial role in business practices and decision-making, as they reflect values, integrity, and social responsibility.
Corporate citizenship and constitutions, while relevant in the broader context of business and law, are not directly associated with the sources of law in the given options.
learn more about "Business ":- https://brainly.com/question/18307610
#SPJ11
You have a goal of having $180,000 four years from today. The return on the investment is expected to be 8% and will be compounded semi-annually. The amount that needs to be invested today is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)
$132,226.
$90,000.
$131,526.
$120,000.
Answers
$131,526
the closest amount that needs to be invested today is $131,526
To calculate the present value of the investment, we need to use the formula: PV = FV / \((1 + r/n)^(n*t)\), where PV is the present value, FV is the future value, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years. Plugging in the given values, we get:
PV = 180,000 / (\(1 + 0.08/2)^(2*4)\)
PV = $131,526
Compound interest: It refers to the interest that is calculated not only on the principal amount but also on the accumulated interest of previous periods. In other words, it is the interest earned on interest.
Semi-annually: It means that the interest will be compounded twice a year, i.e., every six months.
Learn more about present value here:
https://brainly.com/question/29586738
#SPJ11
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
westco company issued 10-year bonds a year ago at a coupon rate of 8.2 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 6.5 percent, what is the current bond price in dollars? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
The current bond price in dollars is $837.58. Bond price refers to the current market value of a bond, which can fluctuate based on changes in interest rates and other factors.
The bond price is determined by the present value of the bond's future cash flows, which include the coupon payments and the return of the bond's face value at maturity. If the bond is traded in the market, the bond's price will change based on the market interest rate. When interest rates rise, bond prices fall, and when interest rates fall, bond prices rise. In order to calculate the current bond price, we will use the formula:
Bond price =\((C / r) * (1 - (1 + r)^-n) + (F / (1 + r)^n)\)
Where C is the coupon payment, r is the yield to maturity, n is the number of payments, and F is the face value of the bond.
For this bond:
C = 8.2% * $1,000 = $82
r = 6.5% / 2 = 0.0325 (because the payments are semiannual)
n = 10 * 2 = 20 (because the bond has a 10-year maturity and the payments are semiannual)
F = $1,000
So:
Bond price = ($82 / 0.0325) * (1 - (1 + 0.0325)^-20) + ($1,000 / (1 + 0.0325)^20)
Plugging in the numbers, we get:
Bond price = $837.58
So the final result is $837.58.
Learn more about bond price: https://brainly.com/question/15518377
#SPJ4
c) Differentiate between Celebrity Advertising and Public Service Advertising.
Answers
Answer:
one has to do with advertising for a career and the other for the public and the well-being of others. also, celebrity advertising is for one person while public service advertising is for many.
Explanation:
How does specialization affect voluntary exchange between countries?
Answers
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
Sixteen years ago, your parents opened a saving account in your name and made a lump sum deposit, today the balance of this account is $260,000. If the account has been earning 6% compounded annually, how much did your parents initially deposit? b. Sixteen years ago, your parents deposited an amount in your saving account earing 6% annually, today the balance of this account is $260,000. If the account is expected to continue earning 6% annually, what will the balance be in 5 years? c. Sixteen years ago, your parents deposited an amount in your saving account, today the balance of this account is $260,000. If the account has been earning 6% compounded monthly, how much did your parents initially deposit? d. Sixteen years ago, your parents deposited an amount in your saving account, today the balance of this account is $260,000. If the account has been earning 6% compounded continuously, how much did your parents initially deposit? I Referring to (a), what was the balance in your saving account tree years ago? (Assume annual compounding)
Answers
a. The initial deposit made by your parents was $147,221.48.
b. In 5 years, assuming the account continues to earn 6% annually, the balance will be approximately $346,084.44.
c. If the account has been earning 6% compounded monthly, the initial deposit made by your parents was $141,620.95.
d. If the account has been earning 6% compounded continuously, the initial deposit made by your parents was $141,464.27.
e. Referring to (a), the balance in your saving account three years ago, assuming annual compounding, was approximately $205,166.50.
a. To find the initial deposit, we use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the final balance, P is the initial deposit, r is the interest rate, n is the number of times the interest is compounded per year, and t is the number of years. Plugging in the values, we have 260,000 = P(1 + 0.06/1)^(1*16). Solving for P, we find P ≈ $147,221.48.
b. Using the compound interest formula with A = 260,000, P = 147,221.48, r = 0.06, n = 1, and t = 5, we can calculate the future balance: A = 147,221.48(1 + 0.06/1)^(1*5) ≈ $346,084.44.
c. With monthly compounding, the formula becomes A = P(1 + r/n)^(nt), where n = 12. Plugging in the values, we have 260,000 = P(1 + 0.06/12)^(12*16). Solving for P, we find P ≈ $141,620.95.
d. For continuous compounding, the formula is A = Pe^(rt). Plugging in the values, we have 260,000 = Pe^(0.06*16). Solving for P, we find P ≈ $141,464.27.
e. Using the compound interest formula with A = 260,000, P = 147,221.48, r = 0.06, n = 1, and t = 13 (16 - 3), we can calculate the past balance: A = 147,221.48(1 + 0.06/1)^(1*13) ≈ $205,166.50.
Learn more about compound interest here: brainly.com/question/14295570
#SPJ11
Advances in technology has increased the number of people needed to
A. Develop computer software
B. Teach children in schools
C. Work on assembly lines
D. Serve in the military
Answers
Answer:
A. develop computer software
The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answers
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1
Answers
When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.
What is a liability?Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.
To learn more about liability, visit:
https://brainly.com/question/28391469
#SPJ1
1. identify three lean tools you would recommend kempfer furniture immediately use. explain the benefits of using lean six sigma and jit.
Answers
Three lean tools that I would recommend Kempfer Furniture immediately use are value stream mapping, 5S, and kaizen events.
Value stream mapping is a tool used to analyze and improve the flow of materials and information through a process or system. By creating a visual representation of the process, Kempfer Furniture can identify areas of waste and inefficiency and develop strategies to eliminate them.
5S is a workplace organization method that involves sorting, simplifying, sweeping, standardizing, and sustaining. By implementing 5S, Kempfer Furniture can create a more organized and efficient workspace, reduce waste, and improve safety and quality.
Kaizen events are focused improvement activities that bring together cross-functional teams to identify and eliminate waste and improve processes. By conducting kaizen events, Kempfer Furniture can quickly identify and implement improvements to processes and systems, leading to increased efficiency and cost savings.
The benefits of using lean six sigma and JIT (just-in-time) include:
- Increased efficiency and productivity: Lean tools help identify and eliminate waste in processes, leading to improved efficiency and productivity.
- Improved quality: By focusing on reducing defects and improving processes, lean tools can improve product quality and reduce the likelihood of errors or defects.
- Reduced lead times: JIT principles aim to produce products or deliver services just in time to meet customer demand, reducing lead times and improving responsiveness.
- Reduced inventory costs: JIT principles also aim to minimize inventory costs by producing only what is needed, when it is needed, and in the quantities required.
- Improved customer satisfaction: By improving efficiency, quality, and responsiveness, lean six sigma and JIT can lead to improved customer satisfaction and loyalty.
More on jit: https://brainly.com/question/30578696
#SPJ11
What is vocational skill development Center?
When was it established??
Answers
Answer:
is there any answers if there are ask a question with the answers
Explanation:
What is the difference between a bank and a retail bank?
Answers
The main difference between a bank and a retail bank is the type of customer they serve.
A bank is a financial institution that offers a variety of services, such as loan and deposit products, investment services, and financial advice. A retail bank is a type of bank that specializes in consumer banking, typically offering services such as savings and checking accounts, loan and credit products, debit cards, and other consumer-focused products and services.
A bank typically serves both retail and commercial customers, whereas a retail bank focuses exclusively on consumer banking. This means that retail banks tend to offer products and services that are tailored to meet the needs of individual consumers.
Additionally, retail banks are typically smaller in size than banks and have fewer branches, making them more accessible to consumers. They also tend to have shorter wait times and more personalized customer service, which can be beneficial for those who need more time and attention when it comes to their banking needs.
Overall, a bank and a retail bank both provide financial services, but they serve different customer types and offer different products and services. Banks focus on commercial customers, while retail banks focus on consumer banking.
Learn more about the types of accounts offered by banks:
brainly.com/question/14368059
#SPJ4
Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?
Answers
I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.
As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.
If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.
What are cold calls: https://brainly.com/question/28052383
Cold calls to business for a new job: https://brainly.com/question/3700565
#SPJ1
understanding the variance in acquisition costs is a helpful starting point in customer analysis, but it does not tell the full story. the next time you meet with camp plus, you suggest that you combine the acquisition cost analysis with your clv analysis to determine if customer profitability varies based on mode of acquisition. you present your findings to the owners and discuss potential strategies. which strategy do you recommend based on your acquisition-clv analysis?
Answers
This will assist determine which channels are yielding the best returns and give a better knowledge of the profitability of clients gained through various channels.
How can it be explained in detail?Several ways to increase the profitability of consumers acquired through various channels may be available depending on the findings of the acquisition-CLV study. To acquire more consumers with high CLV, it may be a smart plan to invest more in sponsored search, for instance, if the data reveals that customers gained through paid search have a higher CLV than customers acquired through social media.
As an alternative, if the data reveals that customers gained through recommendations have a higher CLV than those obtained through other channels, it could be a wise move to engage in referral programs to entice current customers to refer their friends and family
To learn more about analysis visit here:
https://brainly.com/question/28216977
#SPJ1