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Amanda [17]
2 years ago
14

When you get an item you want, there is always something you lose (such as

Business
1 answer:
igomit [66]2 years ago
7 0

Answer:

Opportunity Cost

Explanation:

Defined as the loss of potential gain from other alternatives when one alternative is chosen.

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Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
hoa [83]

Answer:

Explained below:

Explanation:

The basic similarity between TQM and Six Sigma quality-management techniques is that each one is a quality control approach and the basic difference between Six Sigma and TQM is the method that each one addresses quality check.TQM determines quality up to that level to which a product attends standards designed inside the company while Six Sigma trades the representation of quality to a relational one, maintaining that quality is based on the fewer number of lacks, which is necessary to be eliminated as much as attainable.

6 0
3 years ago
Responsible consumption requires _____
Leto [7]

Answer:

D. Considering whether a product is a need or a want.

Explanation:

By considering whether a product is a need or a want,we will be able to d prioritize our consumption. Needs are the fundamental survival requirements such as clothing, housing and food. They are indispensable.Wants on the other hand, are things that are not absolutely necessary but we require.

7 0
3 years ago
"Which type of report would help the company study available options and how should it be organized?"
oksian1 [2.3K]

a yardstick report would be used. it would be organized indirectly, describing the problem, explaining alternatives, establishing criteria for comparison, evaluating each alternative in terms of the criteria, and making recommendations.

6 0
3 years ago
A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of
Verdich [7]

Answer:

$3.70

Explanation:

In this question we have to assume the items values

Let say

Sales = $100

So supply chain it spends 50% i.e $50

Profit is 4% i.e $4

Since the 46% is dividend among fixed and production costs

So the fixed cost is $23 and variable cost is $23

Now if the sales increase by $X, the revenue will increase by X.

So it would also increased the cost by X × (0.5+0.23)

And in overall, the profit is also increased

Plus it is given that there is  27% profit margin

So, the equation is

0.27X = 1

Therefore X = $3.70 with additional profit of $1

3 0
3 years ago
If your investment pays the same amount at the end of each year forever, the cash flow stream is called?
belka [17]
It is called a perpetuity
7 0
1 year ago
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