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babymother [125]
2 years ago
13

Rodrigo Tools, concerned about its loss of market share in previous years, has recently implemented several programs to encourag

e prompt and courteous customer service, employee self-management, and better coordination with suppliers. Rodrigo Tools is making an effort to achieve a. quality improvement planning. b. a quality concern focus. c. total quality commitment. d. total quality development. e. total quality management.
Business
1 answer:
Orlov [11]2 years ago
3 0

Rodrigo Tools , concerned about its loss of market share in previous years, has recently implemented several programs to encourage prompt and courteous customer service, employee self-management, and better coordination with suppliers. Clarke tools is making an effort to achieve total quality management.

<h3>What Is Total Quality Management (TQM)?</h3>

Total quality management (TQM) is the continual process of detecting and reducing or eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training. Total quality management aims to hold all parties involved in the production process accountable for the overall quality of the final product or service.

TQM was developed by William Deming, a management consultant whose work had a great impact on Japanese manufacturing. While TQM shares much in common with the Six Sigma improvement process, it is not the same as Six Sigma. TQM focuses on ensuring that internal guidelines and process standards reduce errors, while Six Sigma looks to reduce defects.

Hence , we can say that the correct option is E- Total Quality Management.

Learn more about Total Quality Management (TQM) on:

brainly.com/question/7600484

#SPJ4

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After visiting several automobile dealerships, Richard selects the car he wants. He likes its $10,500 price, but financing throu
Len [333]

Answer:

a) Total Interest Paid in 24 months is $1680

b) Total Cost of the car is $12180

c) Monthly Payment is $420

d) Annual Percentage Rate  is 10.47%

Explanation:

(a) Loan Amount = $8400

Interest Rate = 10%

Monthly Interest = 8400 x (10%/12)

                            = $70

Total Interest Paid in 24 months = 24 x 70

                                                     = $1680

(b) Total Cost of the car = Loan Amount + Interest Paid + Down payment

                                       = 8400 + 1680 + 2100

                                        = $12180

(c) Monthly Principal Payment = 8400/24

                                                  = $350

Monthly Payment = Monthly Interest Payment + Monthly Principal Payment

                              = 70 + 35

                              = $420

(d) Annual Percentage Rate = (1+ 0.10/12)12 - 1

                                              = 0.1047

                                               = 10.47%

7 0
3 years ago
Indicate in which financial statement each item would most likely appear: income statement (I), balance sheet (B), statement of
kherson [118]

Answer:

Assets (B)

Cash from operating activities  (CF)

Dividends  (E)

Equipment  (B)

Expenses  (I)

Liabilities  (B)

Net decrease (or increase) in cash  (CF)

Revenues  (I)

Total liabilities and equity (I)

Explanation:

The balance sheet shows the assets, liabilities and equity of an entity as at a given date.

The income statement shows the revenue and expenses of the entity for the period ended while the statement of retained earnings shows the movements within the retained earnings account during the review period.

The statements of cashflow shows the net flow of cash from the company's activities namely; Operating, investing and financing activities.

4 0
3 years ago
A building was constructed in August 1999 for $2,340,000. The cost index at that time was 192.3. The current cost index is 302.1
Mekhanik [1.2K]

Answer:

$3,676,100

Explanation:

in base year dollars, the building costed $2,340,000 / 1.923 = $1,216,849

if today's cost index is 3.021, then it should cost $1,216,849 x 3.021 = $3,676,100 to build the same building.

The cost index is used to adjust inflation, since costs tend to increase a little every year, you need some type of index to compare costs over different periods of time.

4 0
3 years ago
Which of the following are reasons to form a corporation? *
telo118 [61]

Answer:

More resources, less responsibility

5 0
3 years ago
The largest asset class on u.s. commercial banks' balance sheet as of september 30, 2012 was
Thepotemich [5.8K]
Answer: real estate loans
6 0
3 years ago
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