MGMT 30B Study Guide - Quiz Guide: Direct Labor Cost, Situational Ethics, Positive Law
8 Jun 2016
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Help properly implement business strategy (steal customers from other businesses) Post office strategy: stay in business, cheaper rates, provide service at best cost possible. Chevy strategy: sell economical cars to american market. Bmw strategy: be the best to higher income individuals. Customer intimacy (appealing to different markets of customers) Operational excellence (doing things like delivery and price the best) What risks does a business face? a. b. United airlines computer systems had an outage and failed so lost business. Help analyze data to provide answers to problems. Positive law: it is unethical if it is illegal. Universal standard (natural law): even though it is legal, you are held to a higher standard. Direct materials: all the raw materials integral to the product itself and the materials can be traced back to the product directly i. ii. Plane: metal, copper wire, rubber tires, glass, plastic b. Direct labor: labor costs that are physically and traceable to the product itself.
