QuickPics is an assembler of digital cameras. As an assembler, QuickPics' operations are limited to purchasing all of the components necessary to assemble the cameras and then selling these cameras to wholesalers who, in tum, sell them through online stores and in retail electronics stores. If QuickPics were to agree to spend a significant amount of money to establish a new assembly line for a large client, QuickPro, that has unique needs that would make this assembly line largely useless for any other customer, the funds Quickpics spent in establishing this line would be an example of opportunism. O forward vertical integration. O a transaction-specific investment. backward vertical integration.
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- Tropical Leisure Limited has been making high quality Caribbean leisure wears for over twenty-fiveyears, in old rented premises located in the heart of the Barbadian capital of Bridgetown. Thecompany has a flexible labour force of about twenty employees and three directors, only one ofwhom, namely Mr. Grant, the managing director, is fully active in the business.The company specializes in leisure and swim wear garments. Their current range consists of teeshirts, shorts, skirts and bath suits in rich vibrant Caribbean colours and styles for men, women andchildren. The company capacity is 400-500 garments per week, depending on style and continuityof the production run, but additional floor space and machines could be brought in quickly to raiseproduction levels to a maximum of 1000 garments weekly if required.Trade sources estimated that the Barbadian market was valued at US$ 1.5 billion in 2010 but sincethen inflation and recession has deflated the market, resulting in many smaller…You are currently in a job as a chef in a restaurant earning $100,000 per year. You are considering opening up a restaurant in a building which you currently own. You estimate that, if you wanted to, you could rent out your building for $25,000 per year to another restaurant. Last year, your revenues and expenses from the restaurant were the following: Revenues $400,000Cost of Food $120,000Salaries/Wages $100,000Utilities $25,000Taxes $20,000 What is your accounting profit? Show your calculations What is your economic profit? Show your calculations Assuming that you are indifferent between being a chef or owning a restaurant, should you open up your restaurant? Explain why. Now suppose that instead of owning the building where your restaurant will be located, you had to pay rent of $25,000 per year for the building. Will your answers to parts 1-3 change? Show your calculations. Explain how and why your answers will change or…When Molly Lai purchased the Clean Clothes Corner Laundry, she thought that she would automaticallygenerate good business if she improved the laundry’s physical appearance because it was in a good locationnear several high-income neighborhoods. Thus, she initially invested a lot of her cash reserves in remodelingthe exterior and interior of the laundry. However, she just about broke even in the year following her laundryacquisition, which she didn’t feel was a sufficient return, given how hard she had worked. Molly didn’t realizethat the dry-cleaning business is very competitive. Success is based more on price and quality service, includingquick service, than on the laundry’s appearance.To improve her service, Molly is considering purchasing new dry-cleaning equipment, including a pressingmachine that could substantially increase the speed at which she can dry-clean clothes and improve theirappearance. The new machinery costs ₱16,200 installed and can clean 40 clothes items per hour…
- When Molly Lai purchased the Clean Clothes Corner Laundry, she thought that she would automaticallygenerate good business if she improved the laundry’s physical appearance because it was in a good locationnear several high-income neighborhoods. Thus, she initially invested a lot of her cash reserves in remodelingthe exterior and interior of the laundry. However, she just about broke even in the year following her laundryacquisition, which she didn’t feel was a sufficient return, given how hard she had worked. Molly didn’t realizethat the dry-cleaning business is very competitive. Success is based more on price and quality service, includingquick service, than on the laundry’s appearance.To improve her service, Molly is considering purchasing new dry-cleaning equipment, including a pressingmachine that could substantially increase the speed at which she can dry-clean clothes and improve theirappearance. The new machinery costs ₱16,200 installed and can clean 40 clothes items per hour…Please provide in clear and complete step-by-step solutions in scanned handwriting or computerized outputComplete all of the following definitions
- The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to makeadditional donuts, based on his current level ofoutput, it would cost him $0.80 per donut. Do yourecommend that the manager increase or decreasethe number of donuts he makes?Panda Toys Inc. plans to sell one line of its panda toys for $ 20. The material cost per unit is $4 and unit labor cost is $6. The annual overhead fixed costs are $ 500,000 and the promotion and advertising cost is $100,000. If the unit labor cost is dropped to $ 5, what is the $BEP for the company? O $1,200.000 $1.000.000 O $1,050.000 O $1,300.000 O $1.090.920PLEASE GIVE THE VIEWPOINT, OBJECTIVES AND AREAS OF CONSIDER OF THIS. THANKYOU Office Depot has almost 1,000 office superstores and giant catalog of office supplies that it offers via mail order. Yet office Depot also enables its customers to shop on the internet. Its Web site offer virtually all the products Office Depot carries in its stores and catalogs and guarantees next-day delivery to most locations with no delivery charge on orders over 5K. online order tracking is available, and customized ordering, which takes into account the historical patterns of individual customers product purchases, is also a feature of Office Depot internet-based channel.
- what are Coasian transaction costs1. ThedemandfunctionforagoodisgivenbytheequationP=a−bQwhilethetotalcost function is TC = dQ2 + eQ + f, where a, b, d, e and f are positive constants. (a) Derive the equation for profit.(b) Derive an expression for the value of Q for which profit is maximised.What are the two types of manufacturing systems to produceits shaft couplings?