The budget analysis shows that the labor hours of the firm are higher than the budgeted amount. As such, the firm needs to evaluate the cost benefit analysis of making or buying their products. To make this decision, various factors need to be considered. Before making the decision, Peyton needs to evaluate the marginal costs and revenue of making versus buying the products. The firm should take the option which provides the highest marginal profit which is the
The company has recently decided to expand its product line to include a product that is a deviation from our traditional offerings. The expansion presents two potential outcomes. Outcome one has a potential for profit, incremental growth, and additional market share for the company. Outcome two has a potential for financial loss, reputation or brand damage and reduced market share.
Initially, DuPont started operating in 1802 as a gunpowder manufacturer supplying the U.S. army under the president Thomas Jefferson. It is based in Delaware. The company operated in different industries because they had a tradition of technological innovation in businesses as diverse as food and nutrition, healthcare, agriculture, fashion and apparel, home and construction, electronics, transportation and energy. During the year it evolved into a giant chemical and textile fiber company. It had revenues of $ 716 million before the merger with Conoco which had revenues of $ 1 billion. Conoco was an American oil company which was founded in 1975. Their merger was the biggest merger that ever happened. The merger
19. Which one of the following issues would least likely be addressed during the regular review of product profitability? A. B. C. D. E. Which product managers should be rewarded? Which products are most profitable? Which product are most efficiently produced? Which products should be promoted and advertised most aggressively? Are the products priced properly?
Carlson Companies, a private company known for its existence in marketing, business, leisure travel, and the hospitality industries, has over 180,000 employees across the United States. Carlson Shared Services, the Information Technology (IT) division, provides services to its internal clients and thus must support a wide range of applications and services. In 2002, the IT division decided to implement a storage area network (SAN) that in turn would meet the six (6) goals established in order to meet the needs of a growing company.
For the plant it has been decided to use the passive RFID technology, as it one of the cheapest solutions, moreover it requires antenas to be placed around the factory, which makes the control process simplier and more efficient.
Honicker Corporation is a USA based, successful dashboard manufacturer. It has opportunities for international expansion, but due to the ultraconservative culture it did not happened until they faced a change in management in 2009. Honicker was a rich company, and to expand, they took the short road and acquired four companies around the world: Alpha, Beta, Gamma, and Delta. There were two commonalities among these companies: they serviced mainly in their own geographical area, and senior management knew their geographical culture and hold good reputation with their stakeholders.
2. It can be determined that it will take approximately 20,126 hours at a cost of $20,121.71, with the given labor rate of $1.08 per hour, for the 4 month production run, with the breakdown of each month as below:
As the Independent Auditor I would require from Pinnacle, the client a Management Representation Letter. This is a letter an auditor is required to obtain from management at the conclusion of fieldwork, confirming representations explicitly or implicitly given to the auditor, indicating and documenting the continuing appropriateness of such representations, and reducing the possibility of misunderstanding regarding the representations.
It will also provide the product mix for the new offering of features and benefits, branding, and any other products in line; it will show the differentiating characteristics from competitive or substitute products, packaging and
MTC initially needed to obtain substantial investment capital due to two main factors: a research-heavy industry, and the need to create most of the markets for its products. Although the founders' goal was to become a major manufacturing company, they did estimate that the company would need $50 million in capital before it would become self-sufficient. Their initial financing model was to first recruit a superior technical team, use that to attract additional equity investment and development funding from interested corporations, and then develop manufacturing capabilities. Commercial sales began 2.5 years after inception, and MTC is nearing the break-even point in 1990.
Identify a new product launched by a MNC in the past 3 months. (a) Describe the product with a focus on the innovative features. (b) In what markets (channels) was this product launched (distributed) and why? (c) List 3 major competitors of this product and how each is positioned in the marketplace? (d) How is the MNC positioning the new product? (e) How successful will this product be and why?