BlackBerry, a one-time leader in secure cell phones, lost its edge. Without significant upgrades or innovation, the company quickly lost market share to iPhones and Android devices. The company attempted to imitate these advances with the Blackberry Storm product, which flopped. Blackberry was criticized as trying to leverage capabilities beyond its core competencies. Which of the following tools should Blackberry use to regain a scope of its core competencies and determine potential sources of competitive advantage

a. External environmental analysis
b. Competitor analysis
c. Industry analysis
d. Value chain analysis

Answer: d. Value chain analysis

Explanation:

The Value Chain analysis by Michael Porter has become a very integral analysis tool for companies as they aim to improve their sales and production efficiency.

Value Chain Analysis works by a company looking inwards to find out the activities it engages in to enable it sell the products that it does. They will look at what sets them apart from other competitors which is their competitive advantage and core competencies.

Using this they will know which activities to embark on and which to avoid or improve upon to enable them maintain profitability. Blackberry needs to do a Value Chain Analysis to regain a scope of its core competencies and determine potential sources of competitive advantage.

A company in the growth phase of its product life cycle will normally have which of the following patterns of cash flows? Select one: a. Negative or positive cash flows from operations, negative cash flows from investing and negative cash flows from financing b. Positive cash flows from operations, positive cash flows from investing and positive cash flows from financing c. Negative cash flows from operations, negative cash flows from investing and positive cash flows from financing d. Negative or positive cash flows from operations, negative cash flows from investing and positive cash flows from financing

Suppose there is a fall in the price of a good from ​$ to half the​ price, the quantity demanded increases from x to 3x​ units, and the price elasticity of demand is . Now suppose there is an increase in the price of a good from ​$ to double its price and the price elasticity is . The elasticity is enter your response here ​, and remains the same regardless of an increase or decrease in price. ​(Round your response to two decimal places​.) This is known as ▼ income elasticity arc elasticity cross-price elasticity .

Which of the following is a TRUE statement on service areas?

a. Service areas will be the same for different organizations.
b. Hospitals in rural areas have ill-defined service areas for their particular services.
c. The service areas for public health departments are homogenous within a state, without regard to whether they are metropolitan or rural.
d. Determining the geographic boundaries of the service area may be highly subjective and is usually based on patient histories, the reputation of the organization, and available technology

EcoFabrics has budgeted overhead costs of $1,001,700. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 477,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver is number of setups). Overhead allocated to the cutting cost pool is $381,600 and $620,100 is allocated to the design cost pool. Additional information related to these pools is as follows.

Wool Cotten Total

Machine hours 114,000 114,000 228,000
No of Setups 1,140 570 1710

Required:
a. Calculate the overhead rate using activity based costing.
b. Determine the amount of overhead allocated to the wool product line and the cotton product line using activity-based costing.
c. What amount of overhead would be allocated to the wool and cotton product lines using the traditional approach, assuming direct labor hours were incurred evenly between the wool and cotton?

buying a $50 Bouquet of roses for Valentine’s Day is an example of a(n) ____ purchase. (fill in blank)
————-
a-esteem
b-physiological
c-security
d-self actualization

Mark's department has hired a marketing manager to help increase the sale of the company’s products. However, he believes that the marketing manager adds no value to the company and simply plays back what the company wants to hear. Mark must write a letter to the marketing manager offering constructive criticism. Which of the following should Mark include in the letter to avoid litigation charges? Group of answer choices False information about the consultant Statements that hurt the sentiments of the consultant Personal opinions about the consultant's character Specific facts about the consultant that can be verified

Legislative framework that supports government in employing majority of citizens in South Africa ?

Margin of Safety Comer Company produces and sells strings of colorful indoor/outdoor lights for holiday display to retailers for $15.98 per string. The variable costs per string are as follows: Direct materials $1.87 Direct labor 1.70 Variable factory overhead 0.57 Variable selling expense 0.42 Fixed manufacturing cost totals $745,726 per year. Administrative cost (all fixed) totals $527,604. Comer expects to sell 239,900 strings of light next year.
1. Calculate the break-even point in units.
2. Calculate the margin of safety in units.
3. Calculate the margin of safety in dollars.

A company uses the weighted average method in its processing costing system and a normal costing system in the application of manufacturing overhead to production. MOH costs are applied to production at a rate of​ $3 per direct labor hour. All direct materials are added at the beginning of the production process. The following data relate to the operations of the​ company’s first processing department for August​ 2018:

Beginning WIP 800​ units, 60% complete with respect to conversion costs Units started during the month ​16,000
Ending WIP 300​ units, 40% complete with respect to conversion costs

On July 31st, $1,300 of direct materials and $2,400 of conversion costs were assigned to units in ending inventory. During August, $47,000 of direct materials were requisitioned for production and $215,000 of direct labor costs were incurred. Direct laborers are paid a rate of $10 per direct labor hour.The costs assigned to units in Ending Inventory on August 31st were:

a. $2,899.20
b. $2,737.20
c. $5,961.00
d. $3,873.60

What is the difference between an implied warranty and an extended
warranty?

A. An implied warranty is free, and an extended warranty costs the
consumer money.

B. An implied warranty is upheld by law, while an extended warranty
is a written guarantee.

C. An implied warranty is for consumers, and an extended warranty is for businesses.

D. An implied warranty has no time limit, while an extended warranty
has an expiration

Max bought 700 shares of an oil company's stock for $15.60 per share. How much did Max spend?

Spinoza, a professional hockey player, sustained serious injuries when a flying puck penetrated the face protector on his helmet. Spinoza decides to bring a products liability suit against his team and the helmet manufacturer alleging that the face mask component of the helmet was defectively designed. In such a case, which proof element (i.e., evidence) would be helpful to Spinoza:

a. an alternative face mask design (deemed safer in independent laboratory tests) has been available in the marketplace for several years.
c. the management of Spinozaâs team is aware of the safer design but allows players to choose their own preferred (less safe in many cases) helmet.
d. use of the alternative design could have reduced or avoided Spinozaâs injury.
e. all of the above.

Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week that they can use to produce rye, jeans, or a combination of both. The following table shows the amount of rye or jeans that can be produced using 1 hour of labor.


Country Rye Jeans
(Bushels per hour of labor) (Pairs per hour of labor)
Felicidad 4 16
Arcadia 5 10

Initially, suppose Arcadia uses 1 million hours of labor per week to produce rye and 3 million hours per week to produce jeans while Felicidad uses 3 million hours of labor per week to produce rye and 1 million hours per week to produce jeans. Consequently, Felicidad produces 12 million bushels of rye and 16 million pairs of jeans, and Arcadia produces 5 million bushels of rye and 30 million pairs of jeans. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of rye and jeans it produces.

Felicidad's opportunity cost of producing 1 bushel of rye is ________ of jeans, and Arcadia's opportunity cost of producing 1 bushel of rye is ________ of jeans. Therefore, ________ has a comparative advantage in the production of rye, and ________ has a comparative advantage in the production of jeans.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces rye will produce ________ million bushels per MONTH, and the country that produces jeans will produce ________ million pairs per MONTH.

What is the best reason for homebuyers to create a budget before taking out a mortgage?

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8.4 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent facilities elsewhere. The land would net $11.2 million if it were sold today. The company now wants to build its new manufacturing plant on this land; the plant will cost $22.4 million to build, and the site requires $990,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

Who can access presentations shared online using PowerPoint’s broadcast service?

A) anyone with the URL
B) anyone with a password
C) only an invited audience
D) only those with a secure ID

In response to accounting scandals and the collapse of Enron at the turn of the century, the U.S. Congress passed the Sarbanes-Oxley Act to establish a system of federal oversight of corporate accounting practices. The purpose of the law is to hold CEOs accountable in matters of financial reporting, and to ensure the truthfulness of statements offered to investors. Despite the law's good intentions, businesses must now spend millions of dollars each year just to comply with the regulations. However, the steep challenges of compliance have created a boom in new accounting firms that specialize in helping companies meet the law's requirements.

Congress passed Sarbanes-Oxley into law as a response to:________

a. Executive CEO pay
b. Financial scandals and corporate fraud
c. Consumer protection violations
d. Globalization

Hudson Corporation will pay a dividend of $3.26 per share next year. The company pledges to increase its dividend by 6.5 percent per year indefinitely. If you require a return of 15 percent on your investment, how much will you pay for the company’s stock today?

The public often gets the impression that misconduct is more widespread than it is in reality. true or false?

Describe the importance of the global market and the roles of comparative advantage and absolute advantage in global trade.

Great Lakes Clinic has been asked to provide exclusive healthcare services for next year's World Exposition. Although flattered by the request, the clinic's managers want to conduct a financial analysis of the project. There will be an up-front cost of $160,000 to get the clinic in operation. Then, a net cash inflow of $1 million is expected from operations in each of the two years of the exposition. However, the clinic has to pay the organizers of the exposition a fee for the marketing value of the opportunity. This fee, which must be paid at the end of the second year, is $2 million. a. What are the cash flows associated with the project

If the marginal utility from consuming the ninth unit of a product is 3 and the total utility from all nine units is 115, then the total utility from consuming eight units must be Multiple Choice 112. 118. 38.

Ultimately, the responsibility of the project manager is to: _____________

a. make sure the customer is satisfied.
b. finish the project as quickly as possible.
c. finish the project as cost effectively as possible.
d. make independent decisions.

Dustin, who is 48 years old, works for Pinnacle Inc., with a salary of $300,000, a car allowance, and a very nice expense account. Pinnacle is a Fortune 1,000 company that sponsors a defined benefit plan that pays 2 percent times years of participation times the average of the three final years of compensation. In addition, Pinnacle sponsors a 401(k) / profit sharing plan and contributes 18% of employees salary to the profit sharing plan. There is no additional match. If the ADP of the NHCEs is 3%, what is the maximum that Dustin can defer this year (2020)? a. $17,100. b. $14,250. c. $19,500. d. $5,700.

How does diversity help companies have a competive advantage?

Which of the following statements is CORRECT? Group of answer choices Relative to proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. One disadvantage of operating as a corporation rather than as a partnership is that corporate shareholders are exposed to more personal liability than are partners. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it invests.'

A company must decide between scrapping or reworking units that do not pass inspection. The company has 44,000 defective units that have already cost $264,000 to manufacture. The units can be sold as scrap for $156,000 or reworked for $198,000 and then sold for $374,000. If the company decides to rework the units, incremental income equals:

Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $97 Units in beginning inventory 500 Units produced 8,400 Units sold 8,500 Units in ending inventory 400 Variable costs per unit: Direct materials $20 Direct labor $37 Variable manufacturing overhead $1 Variable selling and administrative $11 Fixed costs: Fixed manufacturing overhead $67,200 Fixed selling and administrative $161,500 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under variable costing

Note 1: On April 1 of the current year, Warren Corporation received a $34,000, 10 percent note from a customer in settlement of a $34,000 open account receivable. According to the terms, the principal of the note and interest are payable at the end of 12 months. The annual accounting period for Warren ends on December 31.

Note 2: On August 1 of the current year, to meet a cash shortage, Warren Corporation obtained a $34,000, 12 percent loan from a local bank. The principal of the note and interest expense are payable at the end of six months.

Required:
For the relevant transaction dates of each note, indicate the amounts and the direction of effects on the elements of the balance sheet and income statement.

If a secondary marketing team wants to reduce their production and the
volume of loans in their pipeline, what action might it take?