2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
Answers: The objective of the project report requested by the RASAS owner, Vicky Roberts is with regards to the restoration of the vintage Mustang car model into a best possible mint condition rather than opting for a standard or basic restoration. This objective will be then translated into sales and advertisements strategy by making the restored Mustang as the main display, with the intention to introduce new business and attracting existing and new customer to the potential business offer. All of these will need to be achieved within a window of 45 days. The first approach needs to be taken into account is time estimation for each of the 22 relevant activities needs to be executed in order to achieve the whole objective. Hence, project activities will need to be list down in a table representation for clarity and accurate illustration.
I believe that investing in a car is the second biggest investment one can ever make next to purchasing a house. It is very important to know what model of vehicle you want, the options you want with the vehicle, and what you are capable of spending. Everyone has a dream car, but something else to consider is whether you need that dream that you are chasing and can you afford it. It is important to do some research on the car you want as far as its safety reports and other consumers’ reviews. Along with your research, shop around and do some comparing against other vehicles that you may possible want to buy, or compare prices between the manufacturer’s suggested retail price and the dealer’s price.
Crystal Choy Mktg 129 Spring 2015 Case Analysis #1 Autobytel.com Class Analysis The traditional car buying process is that customers will go into a dealership and then the car salesperson and the buyer would be negotiating face-to-face when it comes to purchasing a car. Autobytel took a different approach when it came to selling cars compared to the traditional buying process by offering a website where potential consumers would shop for the automobile online. What is different about this website is that consumers are able to access information about the cars and the prices compared to all the dealerships around the area. Autobytel.com used to be the top of the online referral business in the market. This website was the first online service provided for buyers to shop for cars online so that they do not have to deal with the problems and hassles that arises that traditional buyers would usually deal with when they are at the dealership.
The data includes information on thirty five vehicles of many different years, colors, styles, and features. Due to the many different styles and features available on the vehicles, developing a comfortable selling price can be very difficult. This report will use statistical analysis in order to explore which of the available features effect the sales price of the vehicle. Several of the tests we will perform called Hypothesis Tests allow us to determine the likely hood that a feature has some effect on the selling price of the Mustang. Other tests will include the mean (average), maximum, and minimum, prices (Figure A3) of the sample information some of which will be used as data for additional tests.
Running head: CASE 5 FORD MOTOR COMPANY Case 5 Ford Motor Company Lori Soukieh Professor Thomas Swinney BUS 302 Principles of Management July 24, 2011 CASE 5 FORD MOTOR COMPANY 1. The case creates four options to choose from. Discuss at least three criteria the company should use to decide which of the four listed options is best and the reasons why each criterion should be used. One option that would be most constructive is the move to and address the realities of lower demand; volatile fuel prices and the shifting model mix from trucks and large SUVs to more fuel-efficient vehicles. With this option, you are achieving the original vision of Henry Ford, affordable car form every American.
We assume that Tesla’s Model X electric vehicles are still in the introductory stage. People who buy its products are innovators and early adopters. The target market is the consumer who wants to take a risk in order to experience new design and technology to experience. Model X has not been released yet, therefore it can expand the scale of potential customers. The Model X will be branded as a SUV-Minivan hybrid, which will attract both SUV and Minivan consumers.13 Model X can satisfy families’ needs for more space and more seats.
1.0 points) A long term goal I have is to save up for a car by two years. One thing I can do is learn how to budget my expenses, spend less. Another thing I can do is save more, instead of spending most my money on junk food I can save more. 3. Describe two of your long-term financial goals, and explain why these goals are important to you.
Forecasting Financial Statements of Apple Inc. Natalia Andruszkiewicz International American University FIN 500: Financial Management Abstract In this paper will show the Forecasting Financial Statements of Apple Inc. we will be able to see why Forecasting Financial Statements are important for the company and investors. Key words: financial statement, forecasting statement, Apple Inc., investors. The use of historic data to focus the heading of future trends. Forecasting is utilized by organizations to decide how to allot their financial plans for a forthcoming time of time. This is regularly taking into account interest for the merchandise and administrations it offers, contrasted with the expense of creating them.
How are we going to make them change their habits in order to make them buy the new car? Objectives Brand objectives Attract new customers and