Six Sigma is a collection of approaches and instruments used to enhance corporate operations by lowering errors and flaws, lowering variation, and raising quality and productivity. Only 3.4 faults per million opportunities are the level of quality that Six Sigma aims to reach.
A collection of methods and equipment for process improvement is called Six Sigma. While employed by Motorola in 1986, American engineer Bill Smith introduced it.
Six Sigma is a quality improvement methodology for businesses that counts the number of flaws in a process and aims to systematically fix them.
The tools used to assist Six Sigma and other process improvement initiatives are known as Six Sigma tools. The Six Sigma expert drives process improvement using both qualitative and quantitative methods.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Neoclassical economists tend to place a greater focus on long-term growth than on battling recessions because they think that the standard of living will ultimately be determined by long-term growth rather than by recessions, which they believe will pass in a few years.
Why Is Neoclassical Economics Important?Neoclassical economics, a vast field of study, emphasizes supply and demand as the primary variables influencing the creation, valuation, and consumption of commodities and services. In an effort to challenge the prior theories of classical economics, it first appeared around 1900.
Neoclassical economics made the fundamental early premise that the value of a good or service should be determined primarily by its utility to the user, not by its production costs. The works of William Stanley Jevons, Carl Menger, and Léon Walras served as the foundation for the development of this strategy in the late 19th century.
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Tell me how Friday came to be? What is the origin of this day of the week
a city government levies a tax on its citizens for improvements to roads. how should the city report the tax in its statement of activities?
The city report the tax in its statement of activities as a revenue.
The city government should report the tax on its citizens for improvements to roads as revenue in its statement of activities. Revenue is the money received by an organization for goods or services provided or for the use of its resources. In this case, the revenue would come from the tax levied on citizens for road improvements.
The revenue should be recorded in the statement of activities under the appropriate category, such as property taxes, and should be reported as an increase in the city's financial resources. The statement of activities is a financial report that presents information on how an organization's resources have changed over a period of time.
The revenue from the road improvement tax should be reported in the statement of activities to provide a comprehensive picture of the city's financial performance and help stakeholders understand how the city's resources are being used.
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... is an economic system where consumers can choose what to buy and where to buy
A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system
it is C. Market Economic system!
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Answer:
it can be either mixed or a market economy
Explanation:
Match each business model with the advantage it brings.
Answer:
1. Subscription.
2. Bait and Hook.
3. Cutting out the Middleman.
Explanation:
Some of the commonly used business models across the world include the following;
1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.
2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).
3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.
An example is the business to consumer (B2C) company such as Walmart, Uber, etc.
When you have carefully checked all the facts and your attitudes and still find that there’s just something about your supervisor that’s causing a problem in your relationship, you should suspect that
Answer:
Your answer to that is try to talk it out with someone and dont hold it in.
Explanation:Have fun and a great day
In which type of economy is a business owner most likely to benefit from free enterprise?
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
what is the definition of It spectrum
Gordon Co received a statement from one of its suppliers, Alpha, showing a balance due of $4,280. The amount due according to Gordon's records was only $230. A comparison of the statement and ledger accounts shows the following differences: 1. A check sent by Gordon for $270 has not been allowed for in Alpha's statement. 2. Alpha has not allowed for goods returned by Gordon totaling $180. 3. Gordon made a contra entry, reducing the amount due to Alpha by $3,200, for a balance due from Alpha in Gordon's receivables ledger. No such entry has been made in Alpha's records. What difference remains between the two companies' records after adjusting for these items?
The difference that remains between the two companies' records after adjusting for these items is $270.
The difference that remains between Gordon Co and Alpha after adjusting for the items is $1,100. Here's the long answer:Given that Gordon Co received a statement from its supplier Alpha, showing a balance due of $4,280, while the amount due according to Gordon's records was only $230. The following differences were observed when comparing the statement and ledger accounts.
1. A check sent by Gordon for $270 has not been allowed for in Alpha's statement.
2. Alpha has not allowed for goods returned by Gordon totaling $180.
3. Gordon made a contra entry, reducing the amount due to Alpha by $3,200, for a balance due from Alpha in Gordon's receivables ledger.
No such entry has been made in Alpha's records.To adjust for these items: Adjustment for check sent by Gordon for $270 that has not been allowed for in Alpha's statementAdd the check sent by Gordon to the amount due according to Alpha's records.Amount due according to Alpha's records = $230Amount of the check sent by Gordon = $270New amount due according to Alpha's records = $230 + $270 = $500Adjustment for goods returned by Gordon totaling $180 that has not been allowed for by AlphaSubtract the amount of goods returned by Gordon from the balance due according to Alpha's records.New amount due according to Alpha's records = $500 − $180 = $320 Adjustment for contra entry made by Gordon that has not been made in Alpha's recordsAdd the contra entry made by Gordon to the balance due according to Alpha's records.New amount due according to Alpha's records = $320 + $3,200 = $3,520Therefore, after adjusting for these items, the difference between Gordon Co's records and Alpha's records is $3,520 − $4,280 = $760. This means that Gordon Co owes Alpha $760.
However, the question asks for the difference that remains between the two companies' records after adjusting for these items. To calculate this difference, subtract the amount due according to Alpha's records from the amount due according to Gordon's records. Amount due according to Gordon's records = $230Difference that remains between the two companies' records after adjusting for these items = $500 - $230Difference that remains between the two companies' records after adjusting for these items = $270
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(please type the answers) (Business 7112)
what are Critical Issues in Business Success and Failure
Critical Issues in Business Success and Failure can be broadly classified into two categories: internal and external. The following are some of the key factors that determine the success or failure of a business: Internal Factors:
1. Leadership: Strong leadership is essential for a company's success. Leaders must establish a clear vision and mission, build a strong team, and maintain open communication with employees.
2. Strategy: A solid strategy is required for a company to succeed. This includes developing a clear understanding of the market, identifying customer needs, and developing products and services to meet those needs.
3. Financial Management: Cash flow is the lifeblood of a business, and poor financial management can quickly lead to failure. A company must carefully manage its finances, including expenses, revenue, and investments.
4. Operations: Efficient and effective operations are necessary to achieve success. This includes ensuring the quality of products or services, optimizing the supply chain, and ensuring the company is compliant with laws and regulations.
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A corporation announces a dividend of $.10 per share. If you own 1,500 shares of stock, how much money in dividends will you receive?
$150 money in dividends will you receive. That is $.10 per stock *1,500 shares= $150.The total of a company's declared dividends issued for each outstanding investors share of its common stock is known as the dividend per share (DPS).
The amount is determined by dividing the total dividends paid out by a company over a period of time, typically a year, including interim dividends, by the total number of outstanding ordinary shares issued. DPS is a crucial statistic for investors since the amount of dividends a company pays out directly translates to shareholder income. It is the simplest calculation an investor may uses.
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An executive manager went to an important meeting. The secretary in the office receives a call from a person claiming that the executive manager is about to give an important presentation but the presentation files are corrupted. The caller sternly recommends that the secretary email the presentation right away to a personal email address. The caller also states that the executive is holding the secretary responsible for the success of this presentation. Which type of social engineering tactic would describe this scenario
Answer:
intimidation
Explanation:
Intimidation is intentional behavior in which the person fear to the other person or injury to the other person. Here the victim is to be considered for taking an actions
Since in the given question it is mentioned that the caller tell that the executive would be held responsible for the success of the presentation
So the given situation represent the intimidation scenario
The same would be relevant
_________________ offers users a basic service for free, and then charges a premium for upgrades or advanced features.
The freemium model offers users a basic service for free and charges a premium for upgrades or advanced features.
The freemium model is a business strategy employed by companies to provide users with a basic version of a product or service at no cost while offering additional premium features or upgrades for a fee. This approach allows companies to attract a larger user base by offering a free entry-level experience and then monetize their offerings by charging for enhanced functionality or advanced features.
The basic free version serves as a way to acquire users and build brand awareness. It allows potential customers to experience the product or service firsthand and understand its value. By providing a free option, companies can reach a wider audience and create a user base that can later be converted into paying customers.
The premium features or upgrades offered at an additional cost provide added value and enhanced functionality beyond what is available in the free version. These advanced features cater to users who require more specialized or comprehensive solutions, and they are willing to pay for the additional benefits they offer.
The freemium model is commonly used in various industries, including software applications, online platforms, and digital services. It allows companies to strike a balance between offering a free entry point for users and generating revenue through premium offerings, making it a popular and effective business model in today's digital economy.
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In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
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A new parent-focused website is adding a blog to attract readers. Which of the following elements are likely to be discussed at the project plan approval meeting?
a.)
The editing guidelines document for the new blog
b.)
Preferred methods for communicating schedule changes
c.)
A list of topics that will be covered each week in the new blog
d.)
A review of the number of days assigned to testing the changes to the website
Answer: d
Explanation: :()
Which of the following steps should be taken when you have an important or complicated message to deliver by phone? A. Establish the needs of the person you are calling B. Be short and to the point, with more detailed information sent electronically C. Be courteous D. Leave a detailed voice message describing when you will call and what the discussion will be about E Plan what you want to say before calling
All of the steps should be taken when you have an important or complicated message to deliver by phone. The correct options are A, B, C, D, and E.
When you have an important or complicated message to deliver by phone, it is recommended to take the following steps:
A. Establish the needs of the person you are calling: Before making the call, it is important to consider the needs, interests, and expectations of the person you will be speaking to. Understanding their perspective will allow you to tailor your message to address their specific concerns or requirements.B. Plan what you want to say before calling: It is helpful to organize your thoughts and plan your message before making the call. Consider the key points you want to convey and the most effective way to communicate them. Having a clear outline or script in mind can help you stay focused and deliver the message effectively.C. Be short and to the point, with more detailed information sent electronically: Phone conversations are generally more effective when they are concise and focused. Provide a brief summary of key points during the call, and offer to follow up with more detailed information sent electronically, such as through email or other electronic means. This allows the recipient to review the information at their convenience and ensures that important details are not missed.D. Be courteous: Displaying courtesy and professionalism during the call is crucial. Use polite language, listen actively to the other person, and show respect for their time and opinions. Being courteous helps to create a positive atmosphere for the conversation and encourages open communication.E. Leave a detailed voice message describing when you will call and what the discussion will be about If you are unable to reach the person directly and need to leave a voicemail, ensure that you provide a detailed message. Clearly state your name, contact information, and the purpose of your call. Additionally, mention when you will be calling back and briefly outline the topics or agenda for the discussion. This helps the recipient to be prepared and facilitates a more productive conversation.By following these steps, you can effectively deliver important or complicated messages over the phone while considering the needs of the recipient, being concise yet informative, maintaining courtesy, and providing clear communication.
The correct options are A, B, C, D, and E.
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firm in a perfectly competitive constant cost industry produces olives in southern italy. there are 100 identical firms producing olives in the initial short and long run equilibrium. total costs in the short run are given by: tc
In the long run, a competitive firm will decide to exit from its business if the price (p) is less than the average total cost (ATC).
This is because in a perfectly competitive market, firms aim to maximize profits. If the price falls below the average total cost, the firm will be unable to cover all its costs, including both variable and fixed costs. In such a scenario, the firm would be operating at a loss and it would be more economically viable for them to exit the industry.
If the total revenue (TR) is less than the total cost (TC), it indicates that the firm is not generating enough revenue to cover its production costs. This situation also leads to losses and could prompt the firm to exit the market.
If the price falls below the average variable cost (AVC), the firm would not even be covering its variable costs, let alone the fixed costs. This would result in unsustainable losses and would likely lead to the firm's decision to exit.
Therefore, among the given answer choices, the correct statement is that a competitive firm will exit if the price is greater than the average total cost (p > ATC).
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Hayden works with flammable chemicals in his career in a perfume factory. Based on that information, which of the following conditions might warrant his higher wage. decision making stress level supervision danger or risks
The condition that might warrant his higher wage is the danger or risks present in the workplace.
What is the condition of the workplace?The condition of the workplace present a high hazard because of the flammable chemicals that can cause serious accident
Hence, the condition that might warrant his higher wage is the danger or risks present in the workplace.
Therefore, the Option D is correct.
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Answer:
D
Explanation:
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A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.
The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.
WHAT ARE THE ANSWERS TO THESE QUESTIONS?
What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?
Explanation:
Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.
For example, from this case, we observe that
although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."
Giving For such example are, from this case, we observe that is:
Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."Learn more about:
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Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months
Answer:
7
Explanation:
9867=7
a cylinder shaped can needs to be constructed to hold 250 cubic centimeters of soup. the material for the sides of the can costs 0.03 cents per square centimeter. the material for the top and bottom of the can need to be thicker, and costs 0.06 cents per square centimeter. find the dimensions for the can that will minimize production cost (round to 4 digits).
Let, r be the radius and h be the height of cylinder If alternate outgrowth of a function is lower than zero also equating first outgrowth to zero gives condition at which the functions attains minimum value.
And if alternate outgrowth is lower than zero equating first secondary to zero gives condition for at which event attains maximum value. Let r be the radius and h be the height of cylinder, If alternate outgrowth of a function is lower than zero also equating first outgrowth to zero gives condition at which the functions attains minimum value. And if alternate outgrowth is lower than zero equating first secondary to zero gives condition for at which function attains maximum value.
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The bank purchased a desk for a new employee. What type of cost is the purchase of a new desk?
A. Fixed Cost
B. Variable Cost
Answer:fixed
Explanation:
Fixed expenses might include: Lease or a mortgage. Other capital expenses, like the cost of buying business assets - equipment, vehicles, furniture.
Land labor capital on strawberries
Suppose Sally O'Neals pizza restaurant raises the price of a large cheese pizza from $8 to $10. As a result the quantity demanded of pizzas decreases from 50 to 40 . Because of the increase in the price of cheese pizza at Sally O'Neals, the quantity demanded of IPA beer has changed from 50 to 35 . Using the midpoint method, what is the percentage change in the quantity demanded of IPA beer? Select one: a. −30% b. −35.29% c. 36.5% d. 42.86%
Using the midpoint method, the percentage change in the quantity demanded of IPA beer can be calculated as follows:Percentage change in quantity demanded of IPA beer = [(Q2 - Q1)/((Q1 + Q2)/2)] x 100Where Q1 is the initial quantity demanded of IPA beer (50), and Q2 is the final quantity demanded of IPA beer (35).
Substituting the given values into the formula, we get:Percentage change in quantity demanded of IPA beer = [(35 - 50)/((35 + 50)/2)] x 100= [-15/((85)/2)] x 100= (-15/42.5) x 100= -35.29%Therefore, the percentage change in the quantity demanded of IPA beer using the midpoint method is -35.29%.Option B is the correct answer.
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write a paragraph about business stocks
Answer:
Stocks are securities that represent an ownership share in a company. For companies, issuing stock is a way to raise money to grow and invest in their business. For investors, stocks are a way to grow their money and outpace inflation over time.
When you own stock in a company, you are called a shareholder because you share in the company's profits.
Explanation:
When the economy is growing and people are optimistic, the economy is in a period of
Supply-Demand Equality
Inflation
Recession
Recovery
Answer:
serch the web
Explanation:
When the economy is growing and people are optimistic, the economy is in a period of Supply-Demand Equality. Thus, option A is correct.
What is the supply-Demand Equality?The supply-Demand Equality is the equilibrium price, It is the point at which supply equals demand. The market price for a particular commodity guarantees that the amount provided equals the quantity requested at the equilibrium point.
The economy is in a time of Supply-Demand Equality when it is rising and people are hopeful. An equilibrium price is the result of balancing demand and supply.
Prices have a tendency to revert to this equilibrium until certain aspects of demand or supply alter. When either demand or supply, or both, shifts or moves, the equilibrium price changes.
Therefore, option A is correct.
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Some employers offer forms of employer compensation in addition to pay these are usually things like healthcare retirement and paid vacation
Answer:
True
Explanation:
Often called employee welfare package, is a term that refers to all other forms of employer compensation in addition to their pay that is given by employers, sorely because they want to motivate them towards effective work performance.
Healthcare retirement benefits and paid vacation benefits are good examples of employee welfare package.
positive outcomes of entrepreneurship in marketplace
Answer: New and improved offerings, products or technologies from entrepreneurs enable new markets to be developed and new wealth created. Additionally, the cascading effect of increased employment and higher earnings contribute to better national income in form of higher tax revenue and higher government spending. Entrepreneurship and Innovation minors will be able to sell themselves and their ideas. Students master oral and visual presentation skills and establish a foundation of confidence in the skills necessary to cause others to act. Entrepreneurship and Innovation minors will be able to find problems worth solving. Economic growth. The bottom line of vibrant entrepreneurialism is that it creates wealth: for the entrepreneur, for the people that are employed as a result and for the local economy. ... Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.
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Clothing designed for people with mobility or sensory challenges is called: Accommodation Attire Adaptive Clothing Perceptive Clothing Flexible Attire
Clothing designed for people with mobility or sensory challenges is called Adaptive Clothing. Option B
What is adaptive clothing?Adaptive clothing is clothing designed to meet the needs of people with physical or cognitive disabilities. It is designed to be comfortable, functional, and easy to wear for people who may have difficulty dressing themselves due to mobility, sensory or other challenges.
Adaptive clothing is designed to be comfortable, functional, and easy to wear for people who may have difficulty dressing themselves due to physical or cognitive limitations. It may feature adaptive features such as Velcro or magnetic closures, open-back or side-zippered shirts and pants, and other modifications that make it easier to put on and take off.
Adaptive clothing is designed for people with mobility or sensory challenges to provide people with disabilities greater independence and a better quality of life.
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