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BUSN - Review the Inquirer to determine Chester?s current strategy




Review the Inquirer to determine Chester?s current strategy. Where will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Chester would be most likely to pursue.;Select: 5;Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand;Increase demand through TQM initiatives;Seek high automation levels;Reduce cost of goods through TQM initiatives;Seek high plant utilization, even if it risks occasional small stockouts;Reduce labor costs through training and recruitment;Add additional products;Seek the lowest price in their target market while maintaining a competitive contribution margin;Seek excellent product designs, high awareness, and high accessibility;Offer attractive credit terms;The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP);Select: 1;$32,720,000;$33,538,000;$29,448,000;$35,446,667;The Chester Company has just issued $7,169,042 in dividends last year. The effect of this payment on the balance sheet is;Select: 1;Expenses will increase $7,169,042;Net Profit will decrease $7,169,042;Equity will decrease $7,169,042;Liabilities will increase $7,169,042;What is the Profit Margin of Chester?;Select: 1;.15;12.68;6.61;.08;Chester has a ROA of 0.12 (ROA = Net income/Total Assets). That means;Select: 1;Every dollar of Chester's assets result in earnings of $0.12.;Chester uses $0.88 of each dollar earned to purchase assets.;Chester uses $0.12 of each dollar earned to purchase assets.;Every dollar of Chester's assets result in earnings of $0.88.;Midyear on July 31st, the Digby Corporation's balance sheet reported;Total Liabilities of $50.986 million;Cash of $4.020 million;Total Assets of $81.964 million;Retained Earnings of $17.162 million.;What was the Digby Corporation's common stock?;Select: 1;$52.160 million;$48.140 million;$13.816 million;$17.836 million;Which mission statement best represents the Digby company?;Select: 1;Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.;Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments.;Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on.;Innovation meets revolution. We create value for our customers through breakthrough designs that lead to unique high-performance products.


Paper#28522 | Written in 18-Jul-2015

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