What keeps McDonalds, Walmart, General Motors, or any other business firm from raising prices, selling shoddy products,
Question:
What keeps McDonald’s, Walmart, General Motors, or any other business firm from raising prices, selling shoddy products, and providing lousy service?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
McDonalds Walmart General Motors and other business firms have various factors that prevent them from raising prices too much selling shoddy products and providing lousy service These factors include ...View the full answer
Answered By
Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Economics Private And Public Choice
ISBN: 9780357133996
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Question Posted:
Students also viewed these Business questions
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Silverago Incorporated, an international metals company, reported a loss on the sale of equipment of $2 million in 2010. In addition, the companys income statement shows depreciation expense of $8...
-
Explain what is meant by determining the degree of correspondence between information and established criteria. What are the information and established criteria for the audit of Jones Company's tax...
-
Do quality-of-work-life programs rely more on individual or organizational aspects of organizational behavior? Why?
-
Which parts of the applicants personality could I not recognize, and what influence
-
Sentinel Systems Inc. prepared the following sales budget for the current year: At the end of December 2014, the following unit sales data were reported for the year: For the year ending December 31,...
-
Mayfair Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Zisa or Access. Zisa deducts a 5.5% service charge for sales on its credit...
-
Other things constant, what impact will a highly elastic demand for a product have on the elasticity of demand for the resources used to produce the product? Explain.
-
What is the primary requirement for a market to be competitive? Is competition necessary for markets to work well? Why or why not? How does competition influence the following: (a). The cost...
-
Describe three different types of responsibility centers. Include any shortcomings the centers might have.
-
TranscribedText: El. You are sitting at a table that has a solid round top {5.1"} kg] and a single solid cvlindrical leg {4. kg) [see figure, note that the tilt angle is exaggerated to he...
-
The municipal mill rate in the neighbourhood is 22.375 mills. There is an educational mill rate of 11.35 mills. The following list is the municipalities planned local improvement costs for the next...
-
Maggie Company had the following functional income statement for the month of May, 2020: MAGGIE COMPANY Functional Income Statement For the Month Ending May 31, 2020 Sales (30,000 units) $300,000...
-
Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders for various local teams and organizations. While Leslie's...
-
Euclid acquires a 7-year class asset on May 9, 2022, for $153,000 (the only asset acquired during the year). Euclid does not elect immediate expensing under 179. He does not claim any available...
-
Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined amounts of payments (based on the type of health care problems experienced)...
-
Use the information given about the angles and to find the exact value of: (a) sin( + ) (b) cos( + ) (c) sin( - ) (d) tan ( + ) (e) sin(2) (f) cos (2) (g) sin /2 (h) cos/2 cos = 4/5, 0 < < /2; cos =...
-
We should impose a 20 percent luxury tax on expensive automobiles (those with a sales price of $75,000 or more) in order to collect more tax revenue from the wealthy. Will the burden of the proposed...
-
Suppose Congress were to pass legislation requiring that businesses employing workers with three or more children pay these employees at least $30 per hour. How would this legislation affect the...
-
What is the nature of the deadweight loss accompanying taxes? Why is it often referred to as an excess burden?
-
Describe the four reasons WHY we have a predetermined overhead rate and please describe the reasons with a 1-2 sentence answer?
-
Ramon had AGI of $193,000 in 2018. He is considering making a charitable contribution this year to the American Heart Association, a qualified charitable organization. Determine the current allowable...
-
select a small business in your community that has been started by an entrepreneur. (Note: you may even select a small family business). Provide a summary of the key features of this business. Are...
Study smarter with the SolutionInn App