Quality can be defined as the conformance to specifications, fitness for use, doing it right the first time, and meeting customer expectations. All of these definitions have their own importance in the field of quality management. Hence the correct option is: All of the above (conformance to spec, fitness for use, doing it right the first time, and meeting customer expectations).
Quality is defined as the degree of excellence that an item has. It is the standard of something, or the sum of all its qualities or features, which contribute to its character and value.Quality can be characterized in several ways, including:
1. Conformance to spec: It implies that a product must be manufactured in accordance with pre-determined criteria. This means that each product or service must conform to predefined criteria or specifications, ensuring that it meets certain minimum levels of performance and reliability.
2. Fitness for use: It is determined by whether or not a product or service satisfies the customer's needs and demands. The product must perform as intended and be effective in meeting customer expectations.
3. Doing it right the first time: This concept aims to avoid mistakes and reduce the need for rework. It entails using the appropriate techniques, machines, and personnel to produce a product that meets customer specifications the first time.
4. Meeting customer expectations: Meeting customer requirements is critical for a successful business. It is necessary to understand the customer's needs and wants and provide them with products and services that meet their expectations.
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Are potatoes a perfectly competitive market?
Potato cultivation is extremely competitive, much like farming for most other agricultural goods (i.e. very close to a perfectly competitive market). Thus, supply and demand play a role in setting prices.
What is a perfectly competitive market?According to economic theory, perfect competition exists when all businesses sell the same goods, market share has no impact on pricing, businesses can enter or quit the market without any obstacles, consumers have perfect or complete knowledge, and businesses are unable to set prices. One standard or ideal kind to which actual market structures might be contrasted is perfect competition.
Theoretically, monopolies, in which only one company provides an item or service and that company is free to set its own prices since consumers have no other options and it is impossible for potential rivals to enter the market, are the reverse of perfect competition. The Cambridge School of post-classical economic thought is where the modern notion of imperfect versus perfect competition originated.
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What is the opportunity cost of the first 20 computers? dvd(s) c. between which two consecutive points along the ppc is the opportunity cost of dvds the highest?
10 WRONG
B and A
Two consecutive points along the PPC is the opportunity cost of DVDs increasing.
What is the opportunity cost of moving from point C to D?The opportunity cost of moving from point C to D is 40 tons of oranges. The per-unit opportunity cost of moving from point C to point D is 1/2 ton of oranges (40 tons of oranges/80 tons of pears). Economic growth is shown by a shift to the right of the production possibilities curve.What is the opportunity cost of computers?Opportunity cost is a different metric for cost. The amount of wheat that could be produced using the labor required to make one computer, in our example, is the opportunity cost of a computer. Comparative advantage is the capacity to produce a good at a lower opportunity cost than another producer.To learn more about Opportunity Cost, refer
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At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
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Fiona's hourly wage increases from $8 to $10. Which of the following describes a consequence of the increase in Fiona's wage?
A)The opportunity cost of Fiona's leisure time has decreased.
B)Fiona may choose to work fewer hours due to the increase in her wage.
C)If Fiona's labor supply curve is upward sloping, she will choose to work fewer hours.
D)Both a and b are correct.
D) Both a and b are correct. Option C is not necessarily correct because the labor supply curve is dependent on many factors, including individual preferences and external factors such as market conditions, and cannot be determined solely based on the wage rate increase.
The increase in Fiona's hourly wage, the opportunity cost of her leisure time has decreased, which means she can now afford to spend more time on leisure activities without sacrificing as much income. This may lead her to choose to work fewer hours, as the opportunity cost of her leisure time is now lower. If Fiona's labor supply curve is upward sloping, this means that she is willing to work more hours as her wage increases, but in this case, the increase in her hourly wage may still lead her to choose to work fewer hours due to the decreased opportunity cost of leisure time.
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When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answer:
B
Explanation:
Earning a degree can be expensive but which example shows why it might be worth it?
(financing higher education)
Answer:
Earning a degree can be expensive but it can almost guarantee you great job opportunities and great job opportunities can provide great income, and other benefits.
Explanation:
(The answer!! :)) Select the examples that best demonstrate likely tasks for Energy Transmission workers. Check all that apply.
a. Rosalee responds quickly to fix electrical wires in emergencies.
b. Grover loads coal into carts and containers in a mine.
c. Shawn inspects oil pipeline equipment.
d. Constance designs methods for drilling to reach an underground deposit of natural gas.
e. Jack visits customers’ homes to explain the heating and electrical systems his company will install.
f. Mae follows safety instructions carefully.
-----------
Answers:
a. Rosalee responds quickly to fix electrical wires in emergencies.
c. Shawn inspects oil pipeline equipment.
f. Mae follows safety instructions carefully.
Answer:
Rosalee responds quickly to fix electrical wires in emergencies.
Shawn inspects oil pipeline equipment.
Mae follows safety instructions carefully.
The examples that best demonstrate the likely tasks for Energy Transmission workers include "Rosalee responds quickly to fix electrical wires in emergencies."
Other examples that best demonstrate the likely tasks for Energy Transmission workers include the following:
Shawn inspects oil pipeline equipment.Mae follows safety instructions carefully.This is because Energy Transmission is a form of energy transfer from the point of the energy generation process to the point of the energy distribution process.
It usually involves the flow of energy generated from coal, the hydro, nuclear, wind, and solar through power grids.
Hence, in this case, it is concluded that the correct answer is options A, C, and F.
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Which national coordinating structure acts as the principal policy body for national security issues? A. National Security Council B. Mitigation Framework Leadership Group C. Sector Specific Agencies (SSA)
The principal policy body for national security issues National Security Council.
What is principal policy?Principal policy is a set of guidelines and rules that a school principal or school board establishes to ensure that the school meets certain standards of education and conduct. These policies may include rules about student behavior, dress code, attendance, academic performance, and discipline. They also provide guidance for school staff and teachers on how to handle different situations that may arise. Principal policies help create an atmosphere of safety and respect for all students and staff members, as well as ensure that all students have access to a quality education. By creating clear expectations, these policies help to ensure that everyone in the school is working towards a common goal.
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Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral
Answer:
D. Collateral
Explanation:
Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.
Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.
Answer:
D. Collateral
Explanation:
One of the advantages which corporation has over a general partnership is limited liability. group of answer choices
According to Entrepreneur, the primary advantage a corporation has over alternative company arrangements is liability protection.
Shareholders, who gain from the company's profits, own corporations. A partnership is a firm that is held by two or more persons who split the earnings. An individual who owns a sole proprietorship is the only one accountable for earnings and losses. The most complicated type of company, a corporation requires the greatest paperwork and costs to start up, but it can provide some benefits that other business structures do not.
According to Entrepreneur, the primary advantage a corporation has over alternative company arrangements is liability protection. Due to the fact that companies are treated as distinct legal entities from the persons who own them, shareholders are not in danger of losing personal assets as a result of a company's indebtedness. On the other hand, owners of partnerships and sole proprietorships are liable for all business debts and legal obligations and risk having their personal assets forfeited if the business files for bankruptcy or becomes involved in expensive legal disputes.
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How's everyone's day? explain please
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
Use the Gordon Growth Model. Gordon & Co.’s stock has just paid its annual dividend $1.5 per share. Analysts believe that Gordon will maintain its historic dividend growth rate of 4%. If the required return is 9%, what is the expected price of the stock next year?
The Gordon Growth Model (GGM) is a formula used to calculate the intrinsic value of a stock by estimating its future dividends. Using this model the expected price of the stock next year is $31.20.
This model determines the theoretical fair price of a stock based on a company's future dividends. It is a simplified valuation model that is based on the premise that the company will continue to pay dividends at a constant rate that is proportional to the company's earnings and that this growth rate will remain constant over time. It is also known as the dividend discount model.
The expected price of the stock next year using Gordon Growth Model can be calculated as:-
Expected Dividend per Share (D1) = Annual Dividend × (1 + dividend growth rate) = $1.5 × (1 + 0.04) = $1.56
Next, calculate the expected price of the stock using the Gordon Growth Model as: P0 = D1 / (r - g)where,P0 = Expected price of the stock next year D1 = Expected dividend per sharer = Required rate of returng = Dividend growth rate P0 = $1.56 / (0.09 - 0.04) = $31.20 which is the expected stock price.
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VitaLive has authorized the development of a video game based on new technology. Which of the following is an example of a risk that has to be accepted because it cannot be mitigated?
Answer:
There is a risk that a competitor may beat them to market with a similar product.
McKittridge Consulting pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems. Which type of organization is McKittridge Consulting
Answer:
Learning organization
Explanation:
A learning organisation is defined as one that is focused on promotion creation, acquiring, and transfer of knowledge for the clients it serves and its members.
It also constantly transforms itself by improving on its processes.
McKittridge Consulting is a learning organisation because it pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems.
What type of business sells to the end consumer
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in a(n)
Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
What is Profit?This refers to the gain that is made in business after the selling price has been determined and removed from the cost price and expenses.
Hence, we can see that Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
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Which of the following scenarios describes an advantage of a global economy?
A car company makes its products in a country known for high manufacturing requirements.
A lightbulb company expands to a country where potential workers all have the same educational background.
An electronics company manufactures products in a country where the materials cost is high.
A toothpaste company expands to another country where there is a lot of competition for jobs.
https://www.nap.edu/read/1806/chapter/7
Please help ASAP! Business QUESTIONS ATTACHED
Answer:
1. 5600 units
2a. 2400
2b. 1680
Explanation:
Reordering point formula is :
(Average daily sales * Delivery lead time) + Safety Stock
Problem 1
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Safety stock = 700 * 4 days
Safety stock = 2800 units
Calculating Reordering point
(700 units * 4 days) + 2800 units
5600 units
Problem 2
Material A
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Delivery time required is 3 to 5 weeks taking average which is 4 weeks is a month which gives 30 days
Safety stock = 40 units * 30 days
Safety stock = 1200 units
Calculating Reordering point
(40 units * 30 days) + 1200 units
2400 units
Material B
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Delivery time required is 2 to 4 weeks taking average which is 3 weeks and multiplying with 7 days per week gives 21 days
Safety stock = 40 units * 21 days
Safety stock = 840 units
Calculating Reordering point
(40 units * 21 days) + 840 units
1680 units
Robots
y-axis
.
B
.
A
D
What does Point B identify?
What does Point X identify?
Soap
x-axis
Having trouble reading the graph? This description will help.
Soap is along the x-axis.
Robots are along the y-axis.
• Points B, D, and C are on the curve line.
• Point A is inside the curve line.
• Point X is outside the curve line.
Use the PPC above to answer the following questions.
Based on the PPC given, the points given would represent the following:
Point B = Efficient use of resources. Point X = Impossible use of resources. Point A = Underutilized resources.What do points on the PPC represent/Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.
Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.
Options to describe the points:
Efficient use of resources Under utilized resources Economic growth Trade-off Opportunity costFind out more on the PPC at https://brainly.com/question/2617319.
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In addition to competition for food, what is another example of a density dependent process that can affect population growth rates?
Predation, inter- and intraspecific competition, waste buildup, and diseases including parasitic diseases are the most density-dependent biological (biotic) factors. Generally speaking, a population's mortality rate increases with population density.
What is Density-dependent regulation?When population growth rates are controlled by population density, this is known as density-dependent processes in population ecology.
Predation, intra- and interspecific competition, waste accumulation, and diseases including parasitic diseases are the most density-dependent biological (biotic) factors.
Normal mortality rates increase with population density.
The reproduction rates of the individuals, for instance, will often be lower during intra- and interspecific competition, slowing the rate of population expansion.
Because the predator has a harder time discovering its food supply, low prey density also raises the mortality of the prey.
Results from a study on the giant intestinal roundworm (Ascaris lumbricoides), a parasite of humans and other mammals, provide as an illustration of density-dependent control.
The information indicates that the parasite is less fertile in denser populations since there were fewer eggs present.
The fact that females would be smaller in groups with increased density due to scarce resources and hence lay fewer eggs is one explanation for this phenomena.
In a 2009 study, the concept that female weight had any bearing on the outcome was evaluated and refuted.
There is still more research that needs to be done to determine the exact reason why this organism's fecundity is density-dependent.
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A contract is said to be executed when all parties have completed their performances. A. Trueb. False
It's true. A contract is deemed concluded when all parties have rendered their services.
An agreement between two or more parties that they both agree upon that outlines specific legally enforceable rights and obligations is known as a contract. The transfer of commodities, services, money, or promises to transfer at a later time are common components of contracts. Victims of contract violations are entitled to legal remedies, such as withdrawal and damages.
A treaty is a legally binding agreement between parties in international law. The foundation of contract law, the area of law of obligations that deals with contracts, is the idea that contracts must be upheld. Like other areas of private law, contract law varies from jurisdiction to jurisdiction.
In general, contract law is practiced and administered in either a common law jurisdiction, a civil law jurisdiction, or a mixed jurisdiction that combines common law and civil law elements. Common law jurisdictions usually require consideration to be included for a contract to be valid, whereas civil and most mixed jurisdictions only require a disagreement between the parties.
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six risks in business multi -million bus.. plzzz!!!!!!!!!!!!!????????
After graduation from high school in June, you and three classmates plan to travel around the United States. The plan is to visit the capital cities of all 48 contiguous states, taking numerous pictures along the way. The Sunnyside Camera Shop offers to give you a dozen rolls of 36-exposure color film for the trip free if you agree to let it develop and print all the rolls you use, for a stated price per roll. You agree. Are both you and the Sunnyside Camera Shop legally bound? What is the consideration for each party?
Answer:
Yes, both you and the Sunnyside Camera Shop are legally bound. The consideration for you is the free rolls of 36-exposure color film, and the consideration for the Sunnyside Camera Shop is the agreement to develop and print all the rolls you use for a stated price per roll.
Kristina works at a coffee shop. She can produce 200 coffee drinks in four hours. What is her productivity for one hour?
Answer: She can produce 50 drinks in 1 hour, 200/4 = 50
Answer:
50
Explanation:
divide 200 by 4
hope this helps dont 4get to like and star
-mercury
Reich uses the 'virtual cycle' to explain economic growth in the United States. Which economic group does he believe stimulates economic growth the most?ConsumersProducersGovernment
Answer:
Economic growth can be caused by random fluctuations, seasonal fluctuations, changes in the business cycle, and long-term structural causes. Policy can influence the latter two.
Business cycles refer to the regular cyclical pattern of economic boom (expansions) and bust (recessions). Recessions are characterized by falling output and employment; at the opposite end of the spectrum is an “overheating” economy, characterized by unsustainably rapid economic growth and rising inflation. Capital investment spending is the most cyclical component of economic output, whereas consumption is one of the least cyclical. Government can temper booms and busts through the use of monetary and fiscal policy. Monetary policy refers to changes in overnight interest rates by the Federal Reserve. When the Fed wishes to stimulate economic activity, it reduces interest rates; to curb economic activity, it raises rates. Fiscal policy refers to changes in the federal budget deficit. An increasing deficit stimulates economic activity, whereas a decreasing deficit curbs it. By their nature, policy changes to influence the business cycle affect the economy only temporarily because booms and busts are transient. In recent decades, expansions have become longer and recessions shallower, perhaps because of improved stabilization policy, or perhaps because of good luck.
Long-term growth receives less attention from policymakers than cyclical growth. Yet in a broader view of history, long-term growth is the more important of the two because it is the key to raising living standards. Long-term growth is caused by increases in labor, capital, and productivity. Policy changes in the areas of education, taxation, competition, basic research, and infrastructure can influence the economy’s long-term growth rate, but only at the margins. Long-term growth has altered very little over most of U.S. history despite a broad array of policy changes. That fact is less surprising when one considers that the main contributor to long-term growth is technological progress, over which the government has little direct influence. In recent years, long-term growth has accelerated modestly because of higher productivity growth, driven mainly by what is popularly referred to as the “information technology (IT) revolution.” Although the government had little direct influence over the IT revolution, it provided an environment in which those technological changes were allowed to thrive, which likely explains why many other economies did not experience a similar productivity acceleration.
Explanation:
What is an introductory APR and how does it compare to a standard APR?
Answer:
The introductory APR is the interest rate that the loan or credit card starts out at..(usually a promotional tool)and the standard rate is what the rate normally is.. the set rate
Explanation:
Which of the following is a distribution strategy?
A) Strategy. B) Marketing. C) Production. D) Management.
Distribution strategy refers to the plan or approach that a company uses to deliver its products or services to customers. The correct answer is A)
It involves making decisions about the channels, logistics, and methods through which goods or services will be distributed from the producer to the end-user or consumer.
While marketing (option B), production (option C), and management (option D) are all important aspects of running a business, they are not specifically focused on distribution.
Marketing encompasses various activities to promote and sell products or services, production involves manufacturing or creating goods, and management deals with the overall coordination and supervision of business operations.
Distribution strategy, on the other hand, specifically deals with the movement and delivery of products or services to customers, ensuring they reach the intended markets efficiently and effectively. Therefore, the correct answer is A) Strategy.
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What is moral muteness? Why do you think an advertising professional might experience this phenomenon?
Answer: See explanation
Explanation:
Moral muteness occurs when as individuals in the society, we choose not to speak up when we witness an unethical behavior by someone. Even though such issues don't go along with the moral beliefs of the person who witnessed it, he or she decides not to speak against it.
An advertising professional might experience this phenomenon because of the fear of the fear of the fact that speaking up might affect his or her chance of selling the product to the person with the unethical behavior and also due to fear of losing ones job.
mariah is single and has a monthly disposable income of $3,200. her monthly cash outflow is approximately $2,800. mariah includes contributions to a retirement plan and money for investments as part of her cash outflow. she has car insurance and a life insurance policy. mariah has saved $15,000, but wishes to use $10,000 for a down payment on a house.
Her plan for protecting her assets. In case of an emergency, she should have renters insurance for her apartment.
If Mariah hired a financial advisor to go over her finances, he or she would point out from her plans that the down payment of $10,000 for a house is the area that needs improvement. The money she has saved would be reduced, which is the justification. Additionally, because she must also pay for her life insurance and auto insurance, her budget is not particularly large.
Finance is the study and practice of money, money-related instruments, and capital assets. It is associated with economics, which is the study of how money, assets, products, and services are produced, distributed, and consumed, but it is not the same thing. The field of finance may be loosely classified into personal, corporate, and public finance since finance activities occur in financial systems at various scales.
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