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Kamila [148]
2 years ago
4

John is a sales representative with Medpharma Industries. He sells medical equipment to hospitals and clinics. He sets an object

ive of selling more than 70 percent of his monthly target within a week.
According to the SMART system, which of the following criteria for setting goal statements has John ignored in this scenario?

A. Realistic

B. Attainable

C. Measurable

D. Time bound
Business
1 answer:
solmaris [256]2 years ago
3 0

Answer:

The correct answer is letter "A": Realistic.

Explanation:

The SMART system is an approach that describes the characteristics goals should have so they can be achieved. SMART stands for <em>Specific, Measurable, Achievable, Realistic, </em>and <em>Timely</em>. The Realistic characteristic involves setting objectives that are reachable within a given timeframe and according to the resources necessary to achieve them.

Thus, <em>John is not setting a realistic goal by attempting to reach 70% of his sales objective during the first week of work. John will possibly have to lower the percentage and extend the number of days to achieve a good number of sales before the end of the month.</em>

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Mel’s Meals 2 Go purchases cookies that it includes in the 10,000 box lunches it prepares and sells annually. Mel’s kitchen and
Irina18 [472]

Answer:

Current Operation (purchase of cookies) - $0.60

Alternative - $0.2 materials

$0.15 direct labor

$0.45 without increasing capacity of which $0.3 is fixed - meaning it would still be incurred at current capacity

                        <u> Mel's Meals Evaluation of Alternatives</u>

                                       Purchase                                Produce

                                            $                                              $

Cost to Buy                        0.6                                             -

Materials                               -                                             0.2

Direct Labor                         -                                             0.15

Overhead (Variable)            -                                             0.15

Total Cost                            0.6                                          0.5

Decision: Mel should not continue buying them as she would be saving $0.1 for every lunch meal.

Since there would not be an increase in the total fixed overhead if Mel's makes the cookies in-house, then the $0.3 fixed overhead is not significant in calculating the cost of producing.

Explanation:

The differential cost in this instance is $0.1 as Mel's saves that for every cookie made which multiplied by the number included in the box and by the total box prepared and sold gives = 0.1 * 2 * 10000 = $2,000 saved for making

5 0
2 years ago
Read 2 more answers
Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75
soldi70 [24.7K]

Answer:

5,182 Units

Explanation:

The computation of additional units is given below:-

Operating income = Contribution Margin Per unit × Units - Fixed cost

= ($4.50 - $1.75) × 29,000 - 8,500

= $71,250

Operating income is increased by 20%

Operating income = $71,250 × 1.20

= $85,500

So, per units

$85,500 = ($4.50 - $1.75) × Units - 8,500

= $94,000 ÷ 2.75

= 34,181.82

Additional Units

= 34,181.82 - 29,000

= 5,182 Units

8 0
2 years ago
Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on
sveta [45]

Answer:

C) Create a customer-driven environment where we constantly try to create customer value.

Explanation:

A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.

In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.

8 0
2 years ago
On December 31, Year 1, a publicly traded entity identified a tax position that will result in a $100,000 tax benefit that quali
Zielflug [23.3K]

Answer:

C $30,000

Explanation:

. A $30,000 result has a 35 percent chance of occurring, but the entity cumulatively has a 55 percent chance of receiving at least a $30,000 tax benefit. As a result, $30,000 is the appropriate amount to recognize.

7 0
2 years ago
Read 2 more answers
Largo Company has unit costs of $10 for materials and $30 for conversion costs. If there are 2,500 units in ending work in proce
EastWind [94]

Answer:

Ending work in process inventory cost = $55,000

Explanation:

Given:

Material unit cost = $10

conversion cost = $30

Ending Work in progress = 2,500

conversion cost = 40% Completed

Ending work in process inventory cost = ?

Computation of ending Materials Cost:

Materials Cost = [(2,500 units × $10]

Materials Cost = $25,000

Computation of ending Conversion Cost:

Conversion Cost = [(2,500 units × 40%) × $30]

Conversion Cost = [(1,000) × $30]

Conversion Cost = $30,000

Ending work in process inventory cost = Materials Cost + Conversion Cost

Ending work in process inventory cost = $25,000 + $30,000

Ending work in process inventory cost = $55,000

3 0
2 years ago
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