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Hurley Associates in a construction engineorieg fom that prepares detalod construction demwingt 7020 . (Click the ieon lo view the deta) (Cick the icos to
Hurley Associates in a construction engineorieg fom that prepares detalod construction demwingt 7020 . (Click the ieon lo view the deta) (Cick the icos to view sadilional intormation) Pead the requiremes. Chaspe in sostating lioceme Data table Hurfey Associates is a construction enginearing fiem that prepares detaled construction drawings for single-tamily homet. The market for this service is very compettive. To compete successfully Huriey must deliver quality service at low cost. Hurloy presents the following data for 2019 and 2020. (Click the icon to verw the data.) (Click the icon fo view addahional information.) Suppose that during 2020, the market for construction drawing jobs increases by 8% Assume fat any incraase in markot staten more than EX and any decrease in selling price are the result of strategic choices by Hurleys maragencent to imphement its stritery Read the reguitmont. Caiculate how much of the change in operating income from 2019 to 2020 is due to the industry-market-size factoc. Begin by solecting the formula you will use. Then enter the amounts and calcutate the change in operating income due to the industry-market-size factor. Datermine whether the amount has a Change in operating income due to industry-maket size Reference Requirement Calculabe how much of the change in operating income from 2019 to 2020 in due The growh, pnot-recovery and pecouctivily cormponents of the change in operating to the indastry-maknot-size factor, product differectiation, and cost leaderahip. How successful has Hurley been in implementing ts strabegr? Explain
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