BSG Quiz 2

5 October 2022
4.7 (114 reviews)
15 test answers

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question
Eliminate tariffs on LA
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Build a plant in LA and expand as needed
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Striving for low labor costs
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Labor costs per pairs produced to the industry low for employee compensation and pairs produced
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Industry low, average, and high cost benchmarks
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Are worth scrutiny because they tell what degree benchmarks cost for the benchmark cost categories and are competitive with rival companies
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NOT a good indication your companies costs are too high
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operating profits in all four regions are below industry high values
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Most essential results
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Market Snapshot-prices, SQ rating, models available etc etc
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NOT for private label footwear
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Proportion of marketing expenses where private label are sold
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When branding footwear from brands of rivals DONOT
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Achieve a lower reject rate per pairs of shoes than almost all other rivals
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If co adds new plant capacity of 30 Mill then annual depreciation cost will rise by
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5 % or 1,500,000
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Benchmarking cost data
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provide evidence to the degree of which various costs at plants are competitive to rival companies
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Social responsibility and Corporate Leadership
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Positive impact on image rating and social responsibility
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Boost stock price?
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Increase earnings per share each yr, raise companys dividend each yr, and repurchase shares of common stock
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Improve SQ rating of branded shoes
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Increase: Styling features, TQM/6 Sigma, Superior materials, best practices training, *not increase number styles/models produced*
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In instituting sizes of companys margins over direct costs
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how many sold in each pair of shoes that could be 1-allocated to paying administration expenses or interest costs 2-boost pretax profits
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Under what circumstance should a company give serious consideration to provide private label to chain retailers
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excess production capacity that would be idle
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Lower production costs per pair
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Increasing spending for enhanced styling and features