Question

In: Economics

h) If a shoe shop were to take over a shoe manufacturing company, it would be...

h) If a shoe shop were to take over a shoe manufacturing company, it would be a case of horizontal integration

Solutions

Expert Solution


Related Solutions

a shop sells three shoe brands. The shop owner wanted to find out if there were...
a shop sells three shoe brands. The shop owner wanted to find out if there were differences in sales levels of the three shoe brands. Therefore the store owner issued a monthly record of sales of the three shoe brands. With an error rate of 0.05, test whether there are differences in sales of the three shoe brands? Month I II III IV V VI VII Brand A 78 64 75 45 82 69 60 Brand B 110 70 53...
If you were offered a position with a company which would allow you to take the...
If you were offered a position with a company which would allow you to take the position as either a W2 employee or an independent contractor as a 'consultant' explain which one you would choose under these circumstances and why: - The job pays $100,000 per year paid monthly. One month vacation for both 1099 & W2. Job stability is equal regardless of which option you choose. No other benefits beyond what is required by Federal Law. You are in...
Rock Shop Manufacturing Company makes specialty tools. In July, Rock Shop incurred manufacturing costs of $4,000,000...
Rock Shop Manufacturing Company makes specialty tools. In July, Rock Shop incurred manufacturing costs of $4,000,000 for direct materials, direct labour, and overhead. 30% of the total costs represents overhead applied. The overhead rate is $1 for every $0.50 of direct labour costs incurred. Inventory balances were: July 1 / July 31 Raw materials $100,000 / $ 80,000 Work in process 90,000 / 95,000 Finished goods 120,000 / 130,000 Instructions a) Determine the cost of raw materials purchased in July....
In a manufacturing company at present, the pattern shop and the maintenance department are located in...
In a manufacturing company at present, the pattern shop and the maintenance department are located in the same room. One large counter is used by both maintenance personnel to get tools and parts and by sand molders that need various patterns for the molding operation. Peter and Bob, who work behind the counter, are able to service a total of 10 people per hour (or about 5 per hour each). On the average, 4 people from casting/maintenance and 3 people...
In a manufacturing company at present, the pattern shop and the maintenance department are located in...
In a manufacturing company at present, the pattern shop and the maintenance department are located in the same room. One large counter is used by both maintenance personnel to get tools and parts and by sand molders that need various patterns for the molding operation. Peter and Bob, who work behind the counter, are able to service a total of 10 people per hour (or about 5 per hour each). On the average, 4 people from casting/maintenance and 3 people...
Question 7.3. a) H&H Pizza is a small pizza shop operated by Mr Peter. H&H Pizza...
Question 7.3. a) H&H Pizza is a small pizza shop operated by Mr Peter. H&H Pizza is surrounded by a couple of colleges in a market. What strategies should Peter use to strengthen his business model? b) HARDA Limited is a manufacturer of a detergent. The company is looking to launch its new detergents in an established market. What strategies should HARDA use to strengthen his business model? (use own words thanks)
Company A is looking to expand. it decides to take over company B, a competitor. The...
Company A is looking to expand. it decides to take over company B, a competitor. The two companies have similar technology, but different costs. Company A has $1800 fixed costs and $2 marginal cost per unit produced Company B has $600 fixed costs and $3 marginal cost per unit produced AT WHAT PRICE LEVEL SHOULD COMPANY A CONSIDOR SHUTTING DOWN IN THE SHORT RUN? Please explain the process, i am struggling with this thanks
What antibiotic regime would be effective in treating H. Pylori if it were discovered as the...
What antibiotic regime would be effective in treating H. Pylori if it were discovered as the cause for this patients ulcer?
Toby's Shoe Company has one type of shoe in its shoe product line which is a...
Toby's Shoe Company has one type of shoe in its shoe product line which is a running shoe. The detail on the production of this running shoe line: Sales Price 40.00 Variable cost of goods sold 13.80 Variable selling expenses 10.60 Variable administrative expenses 13.00 Annual Fixed Costs: Overhead 7,800,000 Selling Expenses 1,550,000 Administrative Expenses 3,400,000 Toby's Shoe Company is considering expanding the shoe product line by introducing a hiking shoe along with continuing to produce the running shoe. The...
Brothers Cliff and Stanley began operations of their machine shop (H & H Tool, Inc.) on...
Brothers Cliff and Stanley began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 2 Accounts Receivable 6 Supplies 13 Land 0 Equipment 64 Accumulated Depreciation $ 5 Software 18 Accumulated Amortization 4 Accounts Payable 4 Notes Payable (short-term) 0 Salaries and Wages Payable...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT