Question: You are interviewing three people for one sales job. On the basis of your experience, you believe Jane can sell 600 units a day, Tom can sell 450 units a day and Kevin can sell 400 units a day. The daily salary each person is requesting is as follows: Jane, $200; Tom, $150; Kevin, $100. How would you rank the three applicants?
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- Question: You are interviewing three people for one sales job. On the basis of your experience, you believe Jane can sell 600 units a day, Tom can sell 450 units a day and Kevin can sell 400 units a day. The daily salary each person is requesting is as follows: Jane, $200; Tom, $150; Kevin, $100. How would you rank the three applicants?AnsYou are interviewing three people for one sales job. On the basis of your experience, you believe Mike can sell 600 units a day, Jerry can sell 450 units a day and Ben can sell 400 units a day. The daily salary each person is requesting is as follows: Mike, $200; Jerry, $150; Ben, $100. How would you rank the three applicants? ANSWER
- Which of the following is an example of Step Costs? Select one: 1. A company’s advertisement assistant is paid $100 for every new partner who agrees to distribute the company’s marketing materials. 2. The salary of a company’s social media manager is $2,500 per month. The monthly salary of the head of the marketing department is $4,000. 3. A company employs a salesperson whose salary is $3,000 per month. Once the monthly sales exceed $100,000, the salesperson receives the commission of 8% of the sales made. 4. A sales company needs one manager for up to 100 clients, 2 managers for 101 to 200, and so forth as the number of clients increases.You have recently hired an equipment operator for $30.00 per hour. To determine his/her billing rate you simply multiply $30.00 by 1.20 to ensure you get a 20% profit margin. Is this process correct?Suppose that a car dealership wishes to see if efficiency wages will help improve its salespeople’s productivity. Currently, each salesperson sells an average of 2 cars per day while being paid $22 per hour for an 8-hour day. Instructions: Enter your answers as a whole number. Only do B,C,D a. What is the current labor cost per car sold? $ 88 b. Suppose that when the dealer raises the price of labor to $32 per hour, the average number of cars sold by a salesperson increases to 4 per day. What is now the labor cost per car sold? $ ________ By how much is it higher or lower than it was before? Higher/ Lower by $ _______ Has the efficiency of labor expenditures by the firm (cars sold per dollar of wages paid to salespeople) increased or decreased? Decrease/ Increade c. Suppose that if the wage is raised a second time to $43 per hour, the number of cars sold rises to an average of 5 per day. What is now the labor cost per car…
- Suppose that a delivery company currently uses one employee per vehicle to deliver packages. Each driver delivers 50 packages per day, and the firm charges $20 per package for delivery. a. What is the MRP per driver per day? b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60 packages per day. What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced? c. How many packages per day would each vehicle have to deliver in order to maintain the firm’s profit per vehicle after supervisors are introduced? d. Suppose that the number of packages delivered per day cannot be increased but that the price per delivery might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm’s profit per vehicle…Tupper Inc. and Victory Inc. are two small clothing companies that are considering leasing a dyeing machine together. The companies estimated that in order to meet production, Tupper needs the machine for 950 hours and Victory needs it for 700 hours. If each company rents the machine on its own, the fee will be $85 per hour of usage. If they rent the machine together, the fee will decrease to $80 per hour of usage. Read the requirements. Requirements 1. Calculate Tupper's and Victory's respective share of fees under the stand-alone cost-allocation method. 2. Calculate Tupper's and Victory's respective share of fees using the incremental cost-allocation method assuming (a) Tupper ranked as the primary party and (b) Victory ranked as the primary party. 3. Calculate Tupper's and Victory's respective share of fees using the Shapley value method. 4. Which method would you recommend Tupper and Victory use to share the fees? - XYour sales force is asking for more administrative support. You have estimated you can hire a new person in this role at an all in cost of $30 per hour for 180 hrs per month. the upfront hiring and training expense is $5000 now. You have 3 sales people, and are guessing each sales logistics. Assume each customer acquired has an estimated total lifetime value (at the time of closing the new sale) of $1000 in profits. You have been asked to consider only 1 year in sales in making this decision ( the average turnover of these positions is once per year). Assume the company considers its opportunity cost to be 12% per year compound annually. This lucky company pays no taxes. Are the profits from the new customers worth the training and salary costs of the new hire? a.) what is the appropriate discount rate to use for this analysis? b.)what is the total PV of the new customers gained in a single year? c.)what is the value today of the salary cost? d.)would you recommend makin the hire?…
- Tupper Inc. and Victory Inc. are two small clothing companies that are considering leasing a dyeing machine together. The companies estimated that in order to meet production, Tupper needs the machine for 950 hours and Victory needs it for 700 hours. If each company rents the machine on its own, the fee will be $85 per hour of usage. If they rent the machine together, the fee will decrease to $80 per hour of usage. Read the requirements. Requirement 1. Calculate Tupper's and Victory's respective share of fees under the stand-alone cost-allocation method. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar.) Stand-alone Tupper VictoryYou have been offered two different jobs for the upcoming summer. Since both are full-time positions, you must choose to work only one of the jobs. The first job is in an office. The pay will be $700 per week. The office is located 20 miles from your home, so you estimate that you will spend $50 per week on gas. You will also have to pay $50 per week for parking. Because you are required to dress professionally, you will need to purchase some new clothes. You estimate that you will spend $420 on new clothes for this job during the summer. The second job is at an amusement park. The pay will be $520 per week. The amusement park is also 20 miles from your home, but you can carpool with a friend. Your share of the gas will be $25 per week. There is no charge for parking. The amusement park will furnish you with a uniform, so you won't need to buy any special clothes. Assuming that your summer break will allow you to work 12 weeks, which job will provide you with more money? Calculate the…if the employees make 15$/hour what is the toral cost of trianing?