Cameron Trimpey-Warhaftig Business, Industry, and Labor 1. Factors promoting Am Industrialization – Natural resources for raw goods (coal, iron ore, copper, lead, timber, and oil), Labor supply due to loads of immigrants cheap labor, Capital for investing in Am business, Technological advances (2nd industrial revolution), Pro-Business gov’t policies – Protective tariffs, little regulation of business, low taxes on profits, RR system, protection of private property 2. Characteristics of Am business 1840-1920 – 3. America’s first “big” business – Railroads 4. Railroad time – At the General Time Convention, RRs agreed to the 5 time zones that lasted for 35 years 5.
I believe that it is an opportune time to start a business like Chagadama Christian Bookstore since the retail services industry in Maryland is currently worth $350 million; in Salisbury, the industry is estimated to be worth $20 million. Furthermore, since new small businesses are being launched with great frequency, the potential market for our services is growing exponentially. I bring more than 20 years of technical repair and sales skills to the table and am investing $60,000 personally to start this business. I anticipate being able to repay my loan to the company beginning in August 1999. So as to ensure the success of the new location and the business I will hire a marketing manager who will be in charge of all the marketing of the two locations.
Question 4: Chavez Co. produces and sells duffel bags that are priced at $60 each. Chavez has received a request for a special order for 500 duffel bags at a price of $48 each. The current unit cost to produce a bag is $32 (direct material, $20; direct labor, $8; and unit-related overhead, $4). Chavez Co. has the capacity to produce the special order; however, one additional production run will be required costing $2,000. Should the order be accepted?
Keurig Marketing Strategy Target Market While Keurig decided whether or not to launch their product into the at-home market, they did some market research to and looked at the statistics for the United States retail at-home coffee market. The 12 found represented an enormous opportunity for Keurig. In 1996, gourmet coffee sales were at $2,200 million. Four years later, in 2000, the gourmet coffee sales had increased by 40 percent to $3,100 million. Also, in 2000, approximately 320 million pounds of gourmet coffee were sold in the United States, a 25.5 percent increase in pound consumption by volume from 1996.
The MMC had earned nearly $75,000 during its first year of operation. The coffee roaster uses to produce packaged coffee is reaching its capacity. From these facts, Father Daniel Mary plans to increase the earning throughout the year and the capacity of the coffee roaster, but he does not specify the number of targeting earning. 6. What is Father Prior’s strategy for achieving his vision?
All sales are made on account at $20 per unit. Sixty percent of the sales are collected in the month of sale; the remaining 40% are collected in the following month. Forecasted sales for the first five months of 20X2 are: January, 1,500 units,- February, 1,600 units; March, 1,800 units; April, 2,000 units; May, 2,100 units. 2. Management wants to maintain the finished goods inventory at 30% of the following month's sales.
(4 points) Problem 5: George Heinrich uses 1,500 per year of a certain subassembly that has an annual holding cost of $45 per unit. Each order placed costs George $150. He operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order. For this subassembly, find: a) Economic order quantity. b) Annual holding cost.
Tootsie Roll Business Plan ACC/561 March 11, 2013 Tootsie Roll Business Plan Tootsie Roll Industries Inc. is one of the top candy producers in the world and has been producing candy since 1896. The company is working to qualify for additional financial funding to increase their liabilities by 10%. The appropriate research and financial reporting will need to be completed to ensure Tootsie Roll provides all the proper information to the loan officer. The loan package that is provided to the bank will include a ratio analysis of financial statements, justification of the reason for the loan, and an explanation of how the company plans to use the proceeds from the loan will be outlined in the following business plan. Without accurate information and a detailed business plan, the loan could be considered incomplete and will delay the approval process or possibly cause them to not qualify at all.
The Colorado River’s source starts in the Rocky Mountains and runs 1,500 miles South, through America and in to Mexico. It is the economic, cultural and social backbone of South West America. In the 1920’s, Western states began dividing and separating the river’s water to build dams and supply for rapidly growing places like San Diego, Phoenix and LA. The river is now responsible for serving approximately 30 million people spread over 7 states in the USA and 2 states in Mexico. It also provides water for 3.5 million acres of cropland.
What Drove the Sugar Trade? Sugar has been in use since about 9000 years and has spread throughout the world but it wasn’t until Christopher Columbus in 1493 introduced sugar cane to the Caribbean Islands that the sugar industry boomed. The main components that drove the sugar trade were the rising consumer demand and capital it produced. Before the fifteenth century many Europeans had no idea what sugar was and how significant it would become over the next few centuries. Sugar was used as a sweetener in other imports such as chocolate, coffee, and tea.