1. Write 2 products/services you want pursue if you become to an entrepreneur. 2. Identify your target market by answering the following question in the box provided below. a. WHO are your target customers? b. WHY are you targeting those people? c. WHAT is your goal in targeting these customers? Product/Service Target Market Who: 1. What: Why: Who: 2. What: Why:
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- A manufacturing company has the following financial information (in millions of $)Sales $562Cost of goods soldDirect labor 43Purchased materials 267Overhead 35All other costs 142Pretax earnings 75a. What is the profit leverage effect of purchasing in this company?b. What is the percent increase in earnings from a 5 percent savings in purchasing?I need help with everything 1. RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production process, three raw materials are blended (mixed together) to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 of material 3. A ton of solvent base is a mixture of 1/2 ton of material 1, 1/5 ton of material 2, and 3/10 ton of material 3. After deducting relevant costs, the profit contribution is $40 for every ton of fuel additive produced and $30 for every ton of solvent base produced. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has available the following quantities of each raw material: Raw Material Amount Available for Production Material 1 20 tons Material 2 5 tons Material 3…I. To make goal setting effective and worthwhile, the goals should be specific, objective and verifiable. II. In conservative strategy, credit sales decrease, collection rate increase, AR balance decrease, bad debts decrease and collection expense decrease.III. The indispensable 5Cs of credit shall be followed in credit policy. What statement(s) is/are true? A. I, II, III B. I, II C. I, III D. II, III E. Only I F. Only II G. Only III H. None
- 13 In addition to the legislation and guidelines that may apply, the investment policythat is decided upon by the investment manager (for a client) should include allthe following elements EXCEPT rate of return expectations (including timeframe) and expected volatility specific goals about continuing education an investment review process the asset classes for investment a policy review processI need both answers 3 upvot Part 1 The deadweight loss due to monopoly: is equal to monopoly profit. represents a benefit to society. would still exist in a competitive market. exists because the monopoly restricts output. Part 2 Which of the following is not a true statement? In a monopoly market, P = MR at the monopoly output. In a competitive market, P = MC at the efficient output. If P = MC, there is no deadweight loss. In a monopoly market, P > MC at the monopoly output.1.What is the main purpose of Porter’s Five Forces Model? a.Manage product portfolios b.Decide which products to launch c.Inform investment appraisal decisions d. Analyze competition in a market 2.What is the main purpose of STEEP Analysis? a.Assess the general environment to identify strategic opportunities and threats b. Identify and assess strategic risk and opportunities in the market c.Decide which products to launch d.Analyze competition in a market 3.What is the main purpose of Scenario Planning? a.Stimulate imagination and creative thinking b.Prepare to succeed in each potential future scenario c.Focus on a small number of potential scenarios d.Research on forces that could have a big impact
- . ABC Inc. is the largest casual dining chain in the world, with over 800 locations throughout the UAE and also in 20 other countries. The menu features mutton, chicken, as well as burgers, pasta, and seafood. ABC’s CEO wants to make the restaurant more profitable by developing menus that are tastier and contain more items that customers want and are willing to pay for despite rising costs for gasoline and agricultural products. What kinds of reports would be useful to help management make decisions on how to improve menus and profitability? What pieces of data would ABC’s need to collect?1. A famous Oman dining chain needs to create menus that are tastier and include more things that consumers want and are able to pay for. How can 'information systems' support management execute this strategy? Which pieces of data does the organization like to collect? Also explain, how the reports can be helpful in assisting management make decisions relevant to improving menus and profitability? 2. Suppose you are a manager in an Omani organization that runs on a cross-border basis, what criteria will you use to determine if an application should be established as a global application or as a local application? Also explain the ways how the Internet can be utilized in International Information Systems. 3. On an ad hoc basis, Oman-based Mercedes-Benz car dealer Zawawi Trading Company LLC provided customer data to parent company. There is no real incentive for the dealer to share data with the company. How could this problem be solved by customer relationship management (CRM)…1. Company resources include the following: A. Human, psychological, and social B. Financial, human, and capital C. Functional, formal, and financial D. Corporate, investor, and employment 2. The Operations Department deals with: A. The production and distribution of a company's good or service B. All legal matters relating to the business C. The creation, pricing, selling, and promotion of a company's good or service D. All of these 3. Value means customers believe: A. You cannot compete on price B. They are getting a good deal for the price paid C. Both You cannot compete on price and They are getting a good deal for the price paid D. None of these
- Above picture showed a model used in Business strategy. A. Illustrate this Model and show the disadvantages of this type ?. B. Analyze the model by finding out the different between this type and Hyper-competition.What is a corner point and whats the reason behind lenear programming solutions afe focused on corner points ?Write a 700- to 1,050-word summary explaining the agency’s budget strategies and policies and how the agency’s governing policies determine budget administration. Include the following details in your summary: Governing Policies: Governing policies help an organization develop and implement procedures or policies that result in efficient, consistent operations. Summarize the published mission of the agency. Summarize 1–2 governing policies related to the agency’s mission. Explain how the policy/policies support the agency’s mission. Strategic Plan: Organizations use strategic plans to define present and future vision, goals, and objectives. Summarize 2–3 primary goals and objectives outlined in the agency’s strategic plan. Explain how the goals and objectives align with the agency’s mission. Public Sector Funding: Most criminal justice organizations are funded by government entities; these funds are often determined by economic factors. Describe 2–3 programs or initiatives…
