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1. How can benchmarking assist the supervisor in determining whether a staff reduction may be necessary.

2. Myers and Murphy provide tax services to both corporate and consumer clients. This year’s revenue represents a 30% decrease over last year’s revenue of $50,000. What is this year’s revenue to the nearest dollar?

3. The revenue for the total window cleaning market is $1,574,000. The market shares for each of the companies in this market are as follows: 1) Sunnyside – 8.8%, 2) White Shark – 23.2%, 3) Paneless Perfection – 11.7%, 4) Squeegies – 19.1%, 5) Precision Cleaning – 27.6%, 6) Glass First – 9.6%. What is the revenue to the nearest dollar for the third company in this list?

Operation Management, Management Studies

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