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disa [49]
2 years ago
12

The producer's risk associated with rejecting a high quality lot is denoted in acceptance sampling with the Greek letter beta. q

uizlet
Business
1 answer:
viktelen [127]2 years ago
4 0

The Greek letter beta is used in acceptance sampling to indicate the producer's risk of rejecting a high grade lot. Total, comprehensive inspection is never economically feasible. When the cost of inspection is modest, 100% inspection is acceptable.

<h3>What does economically feasible mean?</h3>

economically feasible operations are those that generate more money than is required to cover the costs of running the gaming operations or the costs of the ancillary operations, as applicable, for the operations in question.

When the market and economically feasible investigations are finished, it's time to assess the business feasibility. The venture opportunity's financial model and break-even analysis are the primary goals of this work. In other words, how much income earned from units sold is necessary to break-even and over what timeframe, based on the costs of goods sold, capital costs, management, and administration.

To learn more about economically feasible with the given link

brainly.com/question/27995102

#SPJ4

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Some characteristics of an automotive tire are its Size, Material, Internal Construction (bias ply, steel belted for example), t
Blizzard [7]

Answer:

Money available to the buyer is most important factor which needs to be considered. Also the quality of the old tires is considered before making a decision to replace tires. The life of tire is dependent on the running of the car plus the quality of the roads.  

Explanation:

The tire are replaced once they are damaged. The damage can be through accident, roughness of roads, extra mileage and other similar factors. Once the tire is damaged it is better to replace it by the new one as this can be harmful for the commuters to travel in a car whose tires are damaged. There can be puncture or even tire burst situation which could be a threat to life.

4 0
3 years ago
Collectivist values are represented in the social framework of which of the following countries?
jasenka [17]

Answer:

Collectivist values are represented in the social framework of which of the following countries?

C. Brazil

Explanation:

There are different values in the social framework that different countries utilized in the development of various economic models, namely; individualistic and collectivist values. They are further explained below;

1. Collectivist value

These are values that promote group effort and work to achieve certain social and economic goals. The groups can be family groups or even work groups. A major aspect of collectivist is that they disregard personal achievement and desires. Collectivist values discourages competition and encourages empathy for other people. Collectivist value however,has it's disadvantages like; a lack of competition produces doesn't bring quality in terms of production and leadership skills. Examples of countries that have collectivist culture are; China, Korea, Japan, and Brazil. Brazil is a deeply collectivist culture since they expect loyalty between family members and groups.

2. Individualistic value

These are values that encourage personal effort, desires and achievements above group efforts. Individualistic values have the disadvantage of causing high competition that can at times lead to aggression and war, however, these value also have there advantages since most people are more independent and self-sufficient. Examples of countries that have individualistic values are; United States, Australia, and Great Britain.

6 0
3 years ago
Please help! <br><br>How can easy access to credit lead to Financial Mistakes and Bankruptcy?
zvonat [6]

Answer: over-borrowing.

Explanation:

credit cards function like this: you can "buy" a lot of things with it, including very very expensive things. this is because instead of really buying that product, you borrow money from the bank to buy it. you then have to pay it off in slower amounts of money over time until youve paid off the original cost of the product and more because the bank will most likely charge interest.

sounds great, right?

it is, until you cant afford to pay those smaller amounts of money. then, it starts to build up and if you still cant afford to pay the bank, they will begin to liquidize your physical assets (they take your stuff as payment, really anything, even your house can be taken.)

3 0
3 years ago
Culture is a system of values and norms shared among a group of people and that when taken together constitute a design for livi
Bas_tet [7]

Answer:

a. True

Explanation:

The above is true because culture constitute a way of life of people who share common value. Culture refers to the beliefs, values and norms among group of people. For instance, in some culture, the male when greeting lay flat on the ground, while the female knee; these actions symbolizes respect for the people whom they are greeting.

Examples of cultural beliefs includes but not limited to tradition beliefs, religion beliefs, social standards etc.

4 0
3 years ago
The rusties market, a small antique shop, periodically runs advertisements in the local newspaper to keep its name before the pu
Aneli [31]

The Rustic Market, alittle antique shop, periodically runs advertisements within the local newspaper to keep its name before the public. this is often known as reminder advertising.

<h2>What is advertising?</h2>

Advertising may be a type of marketing communication in which a product, service, or idea is promoted or sold using an openly sponsored, non-personal message. Advertisement sponsors are typically businesses that want to market their products or services.

Brand advertising may be a type of advertising that helps consumers connect and build strong, long-term relationships over time. Businesses that use brand advertising hope to realize long-term positive recognition.

Advertising has three main goals: to tell , persuade, and remind. Informative advertising raises brand, product, service, and idea awareness. It publicizes new products and programs and may educate people about the features and benefits of new and existing products.

To know more about advertising :

brainly.com/question/1658517

#SPJ4

5 0
2 years ago
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