Borkes grovers 2015 suggest that reducing the labor

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electronic product assembly can effectively reduce labor cost. Implementing a cost savings strategy while increasing market share with project three is currently the strategy I am implying to increase net income and lower cash debt.Week 4During Q3 Redex made significant improvements in their net income as they’ve reduced their labor content of their readers by 25% and brought to market a new version of the reader which covers a broader application setting, thus increasing their overall market share. The increase in demand shares I due to the firm’s performance in correlation with their marketing strategy research (Edeling & Himme, 2018). Redex in first quarters made the decisions to invest excessivecapital, which violated their credit line agreement to achieve this increased market share. During Q2 Mr. Hyakawa Mysoki of Eastern Electronics gave a hint in an interview about entering the reader market using a lower-cost high-quality product. His entry into the market shows that current prices vs. perceived quality is high. Decrease price to compete will lower variable cost but will decrease net income significantly over the next quarter. The other problem is with research and development as product differentiation, and the cost associated with the sale of that profit does not scale within the same product field (Spence, 1984). Due to their entry into the market, I’ll have to keep pricing under constraints while increasing profit.___________________________ON track Are we on track to meet Annual Net Income Commitment? Provide explanationWeek 2The annual net income is the amount of money left after deductions from total revenue. Yearly net income is calculated as money left after operations cost. Looking at the quarterly reports forQ1 HISCO is the planned net income is $-82.4k while growth is $19.1k while HISCO’s actual is at $-77.2k. This difference shows a positive trend difference of -5.2% which means I have to re-evaluate investment sources and reallocate funding towards marketing and production while looking at price variances to achieve an upward trend on the current Income statement. At the current rate, HISCO can meet Annual Net Income commitment buy increasing growth through quality manufacturing and competitive pricing. While there was a slight overestimate in market share, it is not too significant and assumes correction through adjustments with the production of units.Week 3
Currently, we are below on actual + SRO due to the substantial investment in project three during this quarter. The difference is still significant, but if market share is gained through investment in project three through the next two quarters, then HISCO’s net income should be favorable by the end of Q4. The goal is to lower expenses in the long term as these are the general cost associated with conducting business. They are investing an option in the future to reduce the fixed cost of leasing and office space for the next two quarters. Current power conversion efficiencies for high-performance solar panels are up to 44.7% if used with direct

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