Recently, european union (eu) governments approved a five-year eu trade protection against grain-oriented electrical steel (goes) from russia, japan, china, south korea, and the united states. the protection would consist of minimum import prices on shipments of goes from any of the five listed countries. this measure was enacted as a punishment for exporters in these countries for allegedly dumping their product (i. e., selling below cost) on the european market. the european steel association lauded the plan, noting it would protect an important subdivision of the steel industry. however, transformer manufacturers, who use goes as an input to their production, have protested the minimum prices. they argue minimum prices will result in prices for goes that are too high and lead to some of these manufacturers to downsize or move production facilities outside the eu. describe the various rivalries depicted in this scenario, and then use the five forces framework to analyze the industry.

When consumers discard their gasoline-powered automobiles for electric-powered ones, this partially reflects the of gasoline?

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.