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SashulF [63]
2 years ago
9

According to ______ management, managers should fix an organization's problems by improving its structure, culture, and work rul

es while treating employees well.
Business
1 answer:
Pavlova-9 [17]2 years ago
4 0

The answer is Deming management.

Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.

It involves putting management scholar W. Edwards Deming's principles into practice.

Deming defined management as the establishment and ongoing development of organizational systems.

Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.

Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.

Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.

Learn more about management:

brainly.com/question/1276995

#SPJ4

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LCD Industries purchased a supply of electronic components from Entel Corporation on November 1, 2021. In payment for the $24 mi
Ivan

Based on the details given by LCD Industries such as the amount of the note and the interest rate, the journal entries are:

Date               Account title                         Debit                       Credit

Nov. 1 2021    Inventory                       $24,000,000

                      Note payable                                                   $24,000,000

Nov. 30, 2021 Interest expense                $240,000

                       Note payable                      $1,892,366.66

                       Cash                                                              $2,132,366.66

Amount of interest to be reported in income statement = $481,076.33.

<h3>What are the journal entries?</h3>

Inventory will be debited with the payment amount of $24 million. This amount will also be credited to the Note payable account.

The interest expense will be:

= 24,000,000 x 12% x 1/12 months

= $240,000

Cash payment:

= Amount / Present value interest factor of annuity, 1 year, 12%

= 24,000,000 /  11.2551

= $2,132,366.66

<h3>What is the amount of interest to be reported in the income statement?</h3>

= Interest expense in November + (Note amount - note payable for November ) x 1%

= 260,000 + (24,000,000 - 1,892,366.66) x 1%

= $481,076.33

Find out more on notes payable at brainly.com/question/25148915.

5 0
2 years ago
A major difference between financial statement auditors and fraud examiners is that most financial statement auditors: a. match
Oksi-84 [34.3K]

Answer: Option A

       

Explanation: An auditor refers to an individual who is certified by an authority to perform an audit. The auditor provides an independent opinion as if the statements of the company are prepared as per the accounting and auditing standards.

Fraud examiners are the individuals who investigates an activity which is concluded to be a fraud already.

The difference between the two is, the auditor initially ascertains if there is a fraud while the fraud examiner tries to ascertain who is guilty of performing the fraud.

Hence from the above we can conclude that the correct option is A.

7 0
3 years ago
Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
OverLord2011 [107]
The page entry at the top right side of the journal should be <span>J1.

Hope this helps!!</span>
7 0
3 years ago
In July 2007 The Wall Street Journal (WSJ) reported that a growing shortage of skilled labor in Eastern European countries such
andrey2020 [161]

Answer:

D) rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

Explanation:

Two important factors must be considered:

  1. wages in western European nations are still much higher than those in eastern European nations
  2. workers that come from member countries of the European Union may travel freely and work in any country that they can and that belongs to the European Union.

As long as the wages in western European countries continue to be higher and European workers can establish themselves in those counties, the supply of workers will continue to flow from poorer eastern European countries to richer western European countries.

rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

4 0
3 years ago
On May 7, Jernigan Company purchased on account 510 units of raw materials at $18 per unit. During May, raw materials were requi
Paladinen [302]

Answer and Explanation:

The journal entry to record the purchase is shown below;

Materials (510 units × $18) $9,180

          To Accounts payable $9,180

(To record the purchases)

Here the material is debited as it increased the assets and credited the account payable as it also increased the liabilities

Therefore the above journal entry should be passed

3 0
3 years ago
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