Answer:
resource allocation
Explanation:
Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.
I trust this clarifies your question. Should you have further inquiries, feel free to ask.
The donation of 5% of Target's annual revenue towards community initiatives exemplifies social responsibility.
This concept of social responsibility involves ethical obligations and civic duty. Through these contributions, Target enhances societal well-being while balancing its growth with community welfare.
Answer:
E.
Explanation:
An effective information system is crucial for business operations, aiding managers in making informed decisions to fulfill organizational objectives.
An organization can endure and prosper amid stiff competition based on a well-structured information system.
This system assists in making accurate decisions timely or just-in-time. Managers can leverage a robust information system even in atypical situations.
It’s perceived as a process and can be incorporated to devise a comprehensive action or operational strategy.
Answer:
(a) Predetermined overhead rate for the entire plant:
= 30
Applied manufacturing overhead for Job A:
= Total hours of direct labor × Predetermined overhead rate for the plant
= 15 × 30
= 450
Applied manufacturing overhead for Job A:
= Total direct labor hours × Plantwide predetermined overhead rate
= 9 × 30
= 270
(b) Department-specific predetermined overhead rates:
= 30
= 1.2
Applied manufacturing overhead for Job A:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (11 × 30) + (10 × 1.2)
= 330 + 12
= 342
Applied manufacturing overhead for Job B:
= (Machining machine hours × 30) + (Assembly direct labor hours × 1.2)
= (12 × 30) + (5 × 1.2)
= 360 + 6
= 366
