Current regulator designed to cut electric power consumption

Assignment Help Financial Management
Reference no: EM132546568

The Acme Electric Company worked day and night to develop a new current regulator designed to cut the electric power consumption in aluminum plants by 35%. They knew that, although the competition was fierce, their regulator could be produced more cheaply, was more reliable, and worked more efficiently than the competitors' products. The owner, eager to capture the market, personally but somewhat hastily put together a 120-page proposal to the three major aluminum manufacturers, recommending that their regulators be installed at all company plants. She devoted the first 87pages of the proposal to the mathematical theory and engineering design behind his new regulator, and the next 32 to descriptions of the new assembly line she planned to set up to produce regulators quickly. Buried in an appendix were the test results that compared her regulator's performance with present models, and a poorly drawn graph showed how much the dollar savings would be. Acme Electric didn't get the contracts, despite having the best product. Six months later, the company filed for bankruptcy. Answer the following questions.

Question 1. Define the rhetorical situation: Who is communicating to whom about what, how, and why? What was the goal of communication in each case? Identify the communication error (poor task or audience analysis? Use of inappropriate language or style? Poor organization or formatting of information? Other?)

Question 2. Explain what costs/losses were incurred by this problem.

Question 3. Identify possible solutions or strategies that would have prevented the problem, and what benefits would be derived from implementing solutions or preventing the problem.

Reference no: EM132546568

Questions Cloud

What is the current value of the firm : The net income of Novis is 32,000 kroner (DKr). The company has 10,000 outstanding shares and 100 per cent payout policy.
What between eps with common stock and preferred stock : An investor is considering investing in Dunham Event Associates Inc. What is the difference between EPS with common stock and EPS with preferred stock?
Construct a turing machine for all encrypted passowords : Construct a turing machine for all encrypted passowords using zn algorithm
Determine the bonus pool that would be available : Determine the bonus pool that would be available in the first year, and determine the percentage bonus that each senior manager would receive
Current regulator designed to cut electric power consumption : The Acme Electric Company worked day and night to develop a new current regulator designed to cut the electric power consumption in aluminum plants by 35%.
Make better investment decision-fraiser international : Fraiser International has decided to purchase a pressing machine for Rs. 1,000,000.
Determine the selling price per unit : Determine the selling price per unit if the company decides to use absorption cost. Determine the selling price per unit if the company decides to price
Calculate the price per hour that abc should charge : ABC Company, a large labour contractor, supplies contract labour to building, Calculate the price per hour that ABC should charge based on Ali's proposal.
What is optimal aging : What is optimal aging? Define this term and provide at least one (1) example and What is successful aging? Define this term and provide at least one example

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd