Do Pay Grades limit a company's ability to achieve competitive advantage?
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Do Pay Grades limit a company's ability to achieve competitive advantage?
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- What are some reasons why raters should receive training to understand the evaluation system and its application?Quote three (3) specific statements that indicate that the management places priority on the most valuable asset of the company.Please show all work and explain answer. OneRing Company sells memorabilia to residents of Middle-Earth. They are about to invest $6 million in a new ring making plant. Fixed costs of operating the plant are $1 million a year. The ring costs $60/unit to manufacture (variable cost) and will be sold for $200/unit. The plant will last for 5 years, and will be depreciated over 5 years to zero using the straight-line method. The plant will have no salvage value after five years. Net working capital requirements are negligible for this project. Assume there are no taxes in Middle-Earth, and that the appropriate discount rate for the project is ten percent. How many rings per year must OneRing sell in order to break even?
- How will you know that the company has a very good cost control system?If a firm’s resources and capabilities are costly to imitate because imitating firms may not understand the relationship between the resources and capabilities controlled by a firm and that firm’s competitive advantage, this competitive advantage is said to be protected from imitation byFor companies, the customers in the top financial category offer the most potentially lucrative business opportunities... true or false
- You work for a small company that has the leading position in an embryonic market? Your boss believes that the companys future is ensured because it has a 60% share of the market. The lowest cost structure in the industry, and the most reliable and highest - valued product. Write a memo to him outlining why his assumptions might be incorrect.What are the ethical implications of the following interpretations? There's no excuse for companies not to hire the best individuals at the lowest feasible cost.You are initiating a small delivery service in Cuyahoga County. You have maximized your use of your own cash and credit, but are unwilling to go to a commercial institution for a loan, or ask suppliers for credit. You can consider turning to what source for funding, but you must codify your arrangement in a formal manner.