According to Mikey, the founder of Holden Outerwear, the most important thing that his company does for its retailers is to ensure that the:
a Manufacturing process is environment-friendly.
b Products are priced as low as possible.
c Products are in the store on the agreed date.
d Shipments are staggered so that there is always something new in the stores.
c: Products are in the store on the agreed date.
According to Mikey, the founder of Holden Outerwear, the most important thing that his company does for its retailers is to ensure that the products are in the store on the agreed date. Quantitative factors such as the kind of facility being built, tariff and nontariff barriers, exchange rates, and transportation and labor costs should also be considered when choosing an office/manufacturing location. In the apparel industry, low costs and short distances from field to factory are critical success factors for every manufacturer
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Global licensing agreements require meticulous planning and a great deal of flexibility.
Answer the following statement true (T) or false (F)
Trina makes handmade leis in Hawaii which she sells to local tourists. She anticipates August to be a busy month with the sale of 500 leis. She has prepared the following static budget for August: Sales revenue (500 units) $5,000 Variable costs: Direct materials 1,000 Direct labor 1,000 Overhead 375 Fixed costs 200 Net operating income $2,425 During August, Trina actually produced and sold 400
leis. What should be Trina's net operating income in August based on a flexible budget? A) $1,940 B) $1,825 C) $1,425 D) $1,900
A(n) _____ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning
Fill in the blank(s) with correct word
Companies who work for years building a loyal workforce with a strong service ethic may find that such a culture can easily be destroyed through change in leadership.
a. true b. false