Industry-based, resource-based views

Class – Please review the  CLOSING  CASE: “ Emerging Markets : Pearl River Goes Abroad” available in page # 182 & 183 and answer the following questions. 1. Drawing on the industry-based, resource-based, and institution- based views, explain how Pearl River, from its humble roots, became China’s and the world’s largest piano producer. 2. Why did Pearl River’s top… Continue reading Industry-based, resource-based views

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Advertising case study

Below is the question and student rsponse. Reply to the students response in 150 words Question In its advertising, Ford Motor Company says “Quality is Job One.” Ford is indicating that good quality is the most important consideration for its customers. This would include customer satisfaction on delivery dates and specific areas of car performance,… Continue reading Advertising case study

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Accounting for uncollectible accounts

Exercise 9-3 Direct write-off method LO P1 Dexter Company applies the direct write-off method in accounting for uncollectible accounts.   March 11 Dexter determines that it cannot collect $45,000 of its accounts receivable from its customer Lester Company. 29 Lester Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of… Continue reading Accounting for uncollectible accounts

Earning annual profits notes

1. Smyth Industries operated as a monopolist for the past several years earning annual profits amounting to $50 million, which it could have maintained if Jones Incorporated did not enter the market. The result of this increased competition is lower prices and lower profits; Smyth Industries now earns $10 million annually. The managers of Smyth… Continue reading Earning annual profits notes

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Stock-out probability notes

1. Bower is an outdoor clothing accessories chain that produces a line of hats for $10 from its Asian supplier, BowerSports. Unfortunately at the time of order placement, demand is uncertain. Bower forecasts that its demand is normally distributed with a mean of 2,100 and standard deviation of 1,200. The hats are sold for $22.… Continue reading Stock-out probability notes

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Market trends information

Assignment Content    Resource: SWOT Analysis Template Using the organization you selected for the Week 1 assignment, review its corporate website and at least 2 other sources of information on the organization, including information on market trends. Complete a SWOT analysis from a global perspective, if applicable, using the SWOT analysis worksheet. Complete a 2- to 3-page summary of your findings addressing the questions in the Analysis section of the worksheet. Cite all sources… Continue reading Market trends information

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Ledger accounts inventory system

Some of the ledger accounts for the Sanderson Hardware Company are numbered and listed below. For each of the October 2013 transactions numbered 1 through 12 below, indicate which accounts should be debited and which should be credited. The company uses the perpetual inventory system. Assume that appropriate adjusting entries were made at the end… Continue reading Ledger accounts inventory system

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Cumulative preferred stock quiz

Question 1.1  Xeris, Inc. has 1,000 shares of 5%, $10 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2012. What is the annual dividend on the preferred stock?              $5 per share $500 in total $5,000 in total $.05 per… Continue reading Cumulative preferred stock quiz

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