Answer: a. pursue differentiation and low cost simultaneously
Explanation:
Value Innovation as a strategy is highly sought after in many industries as it represents an opportunity to acquire more market share whist keeping costs low. This is because with Value innovation, a company invests in technology that will achieve both low costs and differentiation simultaneously.
This is great news for both consumers and the company because consumers get to buy more differentiated products at lower prices and for the company, they will get more customers buying from their brand.
b. large businesses
c. businesses who already identify customers individually and differentiate them by value
d. businesses who do not yet identify or differentiate their customers individually
e. a, b, and c
f. a, b, and d
Answer:
Segment management is best suited for: _____________
d. businesses who do not yet identify or differentiate their customers individually
Explanation:
Segment management is aimed at grouping customers according to their individual characteristics and value so that maximum benefits can be derived by the customers and the profitability of the company will be impacted positively in the long-term. A business that can identify customers individually and differentiate them by value is already doing segment management. It is the business that does not yet identify or differentiate their customers that should embrace segment management.
b. time frame
c. measurability
d. realism
Answer:
Letter b is correct. Time frame.
Explanation:
The SMART system is defined as an aid tool for achieving goals. It is a tool that can be used both by an individual and in corporations.
In order to achieve a goal, it is necessary to have the ideal planning of the set of actions that will contribute to the achievement.
Therefore, each letter of the word SMART corresponds to a meaning relevant to the effective implementation and achievement of a goal
S: specific. When drawing up a goal you must be direct and specific.
M: Measurable. To achieve goals, it is necessary to use a tangible indicator that assists the measurement.
A: Achievable. A goal must be planned according to the real possibility of being achieved.
R: Relevant. Goals must be relevant and create positive results for a person or organization.
T: Time. It is necessary to determine a time for the goal to be achieved. In the question above, Amy lacked the planning for the deadline for achieving the goal, because without it there are great chances that the goal will not be taken seriously and not met.
b. Calculate depreciation expense for 2021 and 2022 using double-declining balance method.
c. Calculate depreciation expense for 2021 and 2022 using units-of-production using hours operated.
Answer:
a. $9,000
b. $22,000 and $11,000
c. $5,220 and $6,660
Explanation:
The computation of the depreciation expense for the two years are shown below:
a) Straight-line method:
= (Original cost - residual value) ÷ (useful life)
= ($44,000 - $8,000) ÷ (4 years)
= ($36,000) ÷ (4 years)
= $9,000
In this method, the depreciation is same for all the remaining useful life
So, in year 2021 and 2022, the depreciation expense would be $9,000
(b) Double-declining balance method:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 4
= 25%
Now the rate is double So, 50%
In year 2021, the original cost is $44,000, so the depreciation is $22,000 after applying the 50% depreciation rate
And, in year 2022, the $22,000 × 50% = $11,000. The $22,000 is come from $44,000 - $22,000
(c) Units-of-production method:
= (Original cost - residual value) ÷ (estimated production)
= ($44,000 - $8,000) ÷ (20,000 hours)
= ($36,000) ÷ (20,000 hours
= $1.8 per hours
For the 2021, it would be
= Production hours in 2021 year × depreciation per hour
= 2,900 hours × $1.8
= $5,220
Now for the 2022 year, it would be
= Production hours in 2022 year × depreciation per hour
= 3,700 hours × $1.8
= $6,660
Answer:
The correct answer is letter "A": the five forces framework.
Explanation:
Porter's Five (5) Forces is an analysis scheme created by American economist Michael E. Porter (born in 1947). The ultimate goal of this analysis is to help managers set their expectations of profitability because as competition increases, profitability decreases. Three of the five forces relate to those involved in the industry. The other two apply to the suppliers, the vertical participants, and consumers.
Answer:
A is the correct option.
Explanation:
Lease payment is similar to rent which is dictated under the contract between the two parties, which grants participants the legal right for using the real estate holding computers, software and other assets for a specified period of time. The time period for paying lease payment can range a monthly basis to long lengths of 100 years or more. The lease payment is decided by factors such as assets' value, discount rates, and the lessee's credit score.
Calculation of average fixed cost per unit at an activity level of 5,600 units:
The average fixed cost per unit can be calculated using the following formula:
Average Fixed cost Per unit = Total Fixed Cost / Number of Units
Total Fixed Cost at the level of 5,600 units is given $86,240
Hence, Average Fixed cost Per unit = 86240/5600 = $15.40
So, the average fixed cost per unit at an activity level of 5,600 units is $15.40