line consistency

(noun)

how closely related the products that make up the line are.

Related Terms

  • line depth
  • product line
  • product mix
  • line vulnerability

Examples of line consistency in the following topics:

  • Product Line

    • Line depth refers to the number of subcategories a category has.
    • Line consistency refers to how closely related the products that make up the line are.
    • Line vulnerability refers to the percentage of sales or profits that are derived from only a few products in the line.
    • The first is a full-line strategy while the second is called a limited line strategy.
    • Line-filling strategies occur when a void in the existing product line has not been filled or a new void has developed due to the activities of competitors or the request of consumers.
  • Production lines come in all shapes and sizes

    • Central to its success is the creation of a dedicated production line consisting of dedicated machines or tools that perform only one or two steps in the sequence of making a part or product.
  • Introduction to Fundamentals

    • ‘Sustainability consistently delivers both top-line and bottom-line growth for DuPont,' says Dawn Rittenhouse, business director for sustainability at the company.
    • Four years afterwards, however, the decision delivered $100 million in cost savings to the company's bottom line while yielding a portfolio of 80 new products and services that generated $17 billion in annual revenues (greenhouse gas emissions were reduced by 30%).
    • For the most part, what Rittenhouse and Immelt are talking about is eliminating and preventing waste (a.k.a. non-product) in all its forms while extending the life-cycle of the business's resources – both of which resulted in each company becoming more innovative in the process (GE's commitment remains very much in line with the fi rm's Six Sigma mantra from the 1980s).
  • Open Communication of Decisions

    • Transparency consists of operating in such a way that it is easy for others to see what actions are being performed.
  • Strikes

    • A strike may consist of workers refusing to attend work or picketing outside the workplace to prevent or dissuade people from working in their place or conducting business with their employer.
    • The act of working during a strike – whether by strikebreakers, management personnel, non-unionized employees or members of other unions not on strike – is known as "crossing the picket line," regardless of whether it involves actually physically crossing a line of picketing strikers.
    • Crossing a picket line can result in passive and/or active retaliation against that working person.
    • Companies that hire strikebreakers typically play upon these fears when they attempt to convince union members to abandon the strike and cross the union's picket line.
  • Small Businesses and U.S. Jobs

    • The private sector consists of a wide variance in business size, grouped into small, medium, and large organizations.
    • The small-business share of employment is relatively stable, as shown in the graph above: the bold red line representing all small businesses stays at around 50 to 55% of the total share of employment.
  • Line and Staff Structure

    • The line and staff structure combines the line organization with support from staff departments .
    • The distinguishing characteristic between simple line organizations and line and staff organizations is the multiple layers of management within the latter.
    • While the staff departments may not directly contribute to the production of the firm like the line positions do, their services indirectly support the line positions.
    • Organizations begin as line-only, with line managers having direct control over all activities, including administrative ones.
    • Explain the dynamics between the line managers and staff positions of a typical line and staff structure
  • Sample Income Statement

    • 'Revenue' is money received from the sales of products and services before expenses are deducted, also called the 'top line. ' The net income is the result after all revenues and expenses have been accounted for, also known as the 'net profit' or the 'bottom line. ' The income statement displays the revenues recognized for a specified period and the expenses charged against these revenues, including write-offs (depreciation and amortization of assets) and taxes.
    • The Single Step income statement takes a simpler approach, adding revenues and subtracting expenses to find the bottom line.
    • The more complex Multi-Step income statement takes several steps to find the bottom line, starting with the gross profit.
    • Selling, General and Administrative expenses (SG&A or SGA): Consists of the combined payroll costs.
  • Short-Term Loans

    • The issuer of the card creates a revolving account and grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
    • The customer then need not calculate a balance remaining before every transaction, provided the total charges do not exceed the maximum credit line for the card.
    • These loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a credit card or other prearranged line of credit.
    • The core of the money market consists of inter bank lending (banks borrowing and lending to each other using commercial paper), repurchase agreements, and similar short-term financial instruments.
  • Combining internal and external equity

    • The next step will be to combine these two sets of data, to create a pay policy line.
    • The pay policy line can be drawn freehand, by graphing actual salaries and connecting the dots.
    • Regression generates a straight line that best fits the data by minimizing the variance around the line.
    • In other words, the straight line generated by the regression analysis will be the line that best combines the internal value of a job (from job evaluation points) and the external value of a job (from the market survey).
    • You can also enact a policy of "leading" the market by raising the line, and the policy of "lagging" the market by lowering the line.
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