Quiz 2 Bus Pol

Comparative competitive efforts section of the competitive intelligence report for each of the four geographic regions
Explanation: :The most essential results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's overall performance and competitiveness vis-a-vis rivals in the upcoming decision round are:1) The overall performance of the company in comparison to its rivals.2) The specific areas where the company needs to improve its performance.3) The strategies that the company can adopt to improve its performance.

helps increase a company's image rating, provided the company spends a meaningful amount on socially responsible activities and such spending is sustained over a multi-year period
Explanation: can help an organization achieve its goalsOrganizations that pursue a strategy of social responsibility and corporate citizenship can achieve a number of benefits. First, such a strategy can help to build the organization's reputation and brand, making it more attractive to customers, employees, and other stakeholders. Second, it can help to create a more positive work environment and culture, leading to higher levels of employee engagement and satisfaction. Third, it can help to reduce the organization's environmental impact and its overall carbon footprint. Finally, it can help to build trust and confidence in the organization from its various stakeholders.

boosting the company's dividend by $0.50 or more every year, increasing the company's retained earnings, and paying off all long-term debt as rapitdly as possible in order to achieve an A+ credit rating
Explanation: There are a number of things that a management team can do in order to boost the company's stock price. One of the most important things that they can do is to focus on increasing the company's profitability. This can be done through a variety of means such as increasing sales, reducing costs, or increasing the efficiency with which the company operates.Another thing that management can do to boost the stock price is to engage in share repurchases. This is when the company buys back its own shares from investors in the open market. This has the effect of reducing the number of shares outstanding, which in turn can increase the stock price.Finally, management can also consider paying a dividend to shareholders. This is a distribution of the company's profits to shareholders and it can serve to increase the stock price by making the company more attractive to investors.

Win sufficient celebrity endorsement contacts to achieve celebrity appeal ratings that are higher than the industry average in Europe-Africa REgion

Increasing the number of models/styles produced

???? The company's distribution and warehouse costs per pair available in the Europe Africa region were $1.00 above the industry average i looked through the FIR and this was the one that made most sense for my company
Explanation: Based on the industry-low, industry-average, and industry-high values for the benchmarked data on p.7 of the FIR, the strongest and most valid signal that one or more elements of a company's costs are too high relative to those of rival companies is the company's cost being significantly higher than the industry average. This could indicate that the company is not efficiently managing its costs, or that it is selling its products at a higher price than its competitors, which could make it less competitive in the market.

$8,000,000
Explanation: The company's depreciation costs will be $16 million per year.

the production cost benchmarking data on p. 6 of each issue of the Footwear Industry Report to see if its efforts to achieve low total production costs per branded pair have been more/less successful than other companies pursuing much the same outcome
Explanation: it'sThere are a few things that a company should do if it wants to produce branded footwear at a low total production cost relative to rival companies. First, the company should research the competition to see what they are doing in terms of production costs. Second, the company should develop a cost-effective production process that is efficient and produces a high-quality product. Third, the company should source materials from suppliers who offer competitive prices. Finally, the company should regularly review its production costs to ensure that it is still on track to produce branded footwear at a low total production cost relative to rival companies.

Your company had a competitive advantage in delivering orders for branded footwear to retailers
Explanation: ?-It takes your company an average of 1.5 days to resolve an incident-Your company's incident resolution time is the same as the industry average-Your company's incident resolution time is better than the industry average-Your company's incident resolution time is worse than the industry averageIt takes your company an average of 1.5 days to resolve an incident. Your company's incident resolution time is the same as the industry average. Your company's incident resolution time is better than the industry average.

0.48 The debt-to-assets ratio is defined as total liabilities divided by total assets—both numbers are shown on the company's balance sheet. A debt-to-assets ratio of .20 to .35 is considered "good". 200,000/420,000=0.476

It concludes that the company more than enough production capacity to produce the needed pairs of branded footwear, and based on its projections, determines that the Company's profitability and be increased by competing for and winning private-label contracts.

??? Comanies producing branded footwear with a 7star or higher S/Q rating are very unlikely to achieve labor costs per pair produced that are below the industry average ina given region whereas companies producing branded footwear with an S/Q rating no higher than 4 stars or less in that same geographic region are virtually assured of having labor costs per pair that are below the region's industry average
Explanation: ?The company's managers should strive to reduce labor costs per pair produced at each of the company's production facilities. This can be accomplished by reducing the number of hours worked per week, by increasing the use of automation, or by moving production to facilities with lower labor costs.

aid managers in assessing whether their company's costs and/or operating profits for the benchmarked items are adequately competitive. When such is not the case, the company's managers should promptly address how best to correct the high-cost or low-profit problem(s).
Explanation: are based on a comprehensive survey of U.S. footwear retailers.The industry-low, industry-average, and industry-high cost benchmarking data on pp. 6-7 of each issue of the Footwear Industry Report are based on a comprehensive survey of U.S. footwear retailers. The survey asks retailers to report the cost of a representative sample of products from each of the major footwear categories (e.g., men's, women's, children's, etc.). These costs are then used to calculate the industry-low, industry-average, and industry-high cost benchmarks for each category.

5.00 operating profit/interest income(expense) 60,000/12,000=5.00
Explanation: :The interest coverage ratio is a measure of a company's ability to make interest payments on its debt. The higher the ratio, the more able the company is to make interest payments. In this case, the company's interest coverage ratio is 3.5, which means it is able to make 3.5 times the interest payments on its debt.

10.38% and $1.58
Explanation: :Operating profit margin = operating income / revenueOperating income = $6,000,000Revenue = $100,000,000Operating profit margin = 6,000,000 / 100,000,000 = 0.06EPS = (net income - dividends on preferred stock) / common shares outstandingNet income = $5,000,000Dividends on preferred stock = $1,000,000Common shares outstanding = 20,000,000EPS = (5,000,000 - 1,000,000) / 20,000,000 = 0.2

Increasing total employee compensation by 4% and realizing a 6% increase in production worker productivity
Explanation: There is no one guaranteed way to lower labor costs per pair produced at a company's production facility. However, some possible actions that could lead to this outcome include automating part of the production process, reducing the number of workers needed to produce a given number of pairs, or increasing worker productivity.

how much sellers of private label footwear received over and above the costs per pair sold; these margins, if positive, serve to improve a seller's operating profit in the designated region
Explanation: what?The industry-low, industry-average, and the industry-high benchmarks for the margins over direct costs represent the minimum, average, and maximum margins over direct costs that a company can expect to earn in the private-label business.

instituting production improvement option B at all production locations where 500 models are going to be produced.
Explanation: whether the total number of SKUs is a good idea.There are several things to consider when determining whether or not to offer a large number of SKUs. The first is whether or not the company has the necessary inventory to support a large number of SKUs. If the company does not have the inventory to support a large number of SKUs, it may run into issues with backorders and customer dissatisfaction.Another thing to consider is whether or not the company has the staff to support a large number of SKUs. If the company does not have the staff to properly manage a large number of SKUs, it may again run into issues with backorders and customer dissatisfaction.Finally, the company should consider whether or not a large number of SKUs is actually necessary to boost sales. In some cases, a large number of SKUs may be more of a hindrance than a help. If a company is not sure whether or not a large number of SKUs is necessary, it may be helpful to test the market with a smaller number of SKUs first and then gradually increase the number of SKUs if necessary.

Build a plant in EuropeAfrica and then expand it as may be needed so that the company has sufficient capacity to supply all......
Explanation: ?There are a few ways to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution warehouse in Europe or Africa. One way is to source the pairs from suppliers who are located in countries that have a free trade agreement with the European Union or Africa. Another way is to source the pairs from suppliers who are located in countries that have low or no tariffs on imports.

Your company's percentage competitive advantage and disadvantages on the 8 competitive factors affecting internal sales and market share resulted in a net overall....
Explanation: The company is not meeting the established goal for the number of safety observations per hour.