Toyota has one of the finest production system of cars in the world.
It constinuously strives to improve its production lines and waste managements.
The waste and inefficiency are refetrred to as Muda and the company makes ongoing efforts to reduce this is known as Kaizen.
<h3>
Muda</h3>
It is a Japanese term which is used for uselessness. Toyota tries to manage and allocate its resources effectively so that its waste is limited.
<h3>
Kaizen</h3>
It is a Japanese term which means continuous improvement.
Toyota follows this technique iin its production so that its allocates optimal resources and produces minimum possible waste which leads to increased profitability.
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Weighted average cost of capital = [Cost of equity * Proportion of equity] +[Cost of preferred stock * Proportion of preferred stock] +[Cost of debt *(1-tax rate)*proportion of debt]
Cost of equity =0.14
Proportion of equity = 75/150 = 3/6
Cost of preferred stock = 0.08
Proportion of preferred stock = 25/150 = 1/6
Cost of debt = 0.06
Tax rate = 0.34
Proportion of debt = 50/150 = 2/6
Weighted average cost of capital =[0.14*3/6]+[0.08*1/6]+[0.06 (1-0.34)*2/6]
Weighted average cost of capital = 0.07+0.013+0.0128 = 0.0958 = 9.58%
Answer: a. willingness to learn
Explanation:
<span>There are different elements of the promotional mix, namely: <span>multiple choice, advertising cause, marketing publicity, personal selling, and sales promotion. The one c</span>haracterized by a customized interaction that is extremely expensive but very persuasive and likely to yield immediate feedback is the personal selling.</span>
<span>Personal selling is more of a personal interaction where a buyer meets a seller. It aims to influence a person’s or group’s purchase decision.</span>
<span>Personal selling is customized. It is expensive because fees are paid to salespeople as either salaries or commissions. </span>
Accountants record, classify, and <u>interpret</u> the results of the financial information they gather.
<h3>What are accountant?</h3>
An accountant is a professional who is in charge of keeping and analyzing financial records. Most accountants manage a wide range of financial tasks for both their individual clients and the bigger businesses and organizations that employ them.
It may not be clear what exactly this profession entails because the word "accountant" is commonly used in conjunction with a number of other titles. Even though the phrases "accountant" and "bookkeeper" are frequently used interchangeably, there are several key differences between the two.
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