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Lerok [7]
2 years ago
11

Question Completion Status:

Business
1 answer:
Tcecarenko [31]2 years ago
3 0

The criteria developed by Baldridge are founded on a number of fundamental ideas, and they are called Management practice

This is further explained below.

<h3>What is Management practice?</h3>

Generally, The term "management practices" often refers to the techniques and inventions that managers use to increase the efficiency of their organizations' work processes. Empowering workers, educating staff, implementing plans for enhancing quality, and implementing different new technologies are all examples of common management techniques.

To put it simply, an organization is any group of individuals united for a same goal, whether it be in the form of a firm, a school, or a club. The term comes from the Greek word "organon," which may be translated as "instrument," "tool," or "organ." a collection of individuals working together for a same goal, as in an office or government agency.

In conclusion, Baldridge's standards are founded on a set of fundamental concepts known as a management practice.

Read more about Management practice

brainly.com/question/28260660

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A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,250 of supplies on hand. The general ledge
AfilCa [17]

Answer:

E)Debit Supplies Expense $850 and credit Supplies $850.

Explanation:

The inventory/supplies balance at the end of the period in which a count was conducted has to be adjusted to reflect the amount of stock/supplies available at the end of the period.

Given that the count indicates that there are $1,250 of supplies on hand and the book balance is $2,100,

The difference is

= $2,100 - $1,250

= $850

Entries required

Debit Supplies Expense $850

Credit Supplies $850.

4 0
3 years ago
_____ is Gross Domestic Product divided by a country's population.
kicyunya [14]

Answer: The answer is GDP per capita.

GDP per capita is Gross Domestic Product divided by a country's population.

Explanation: Gross Domestic Product  (GDP) per capita refers to dividing the country’s Gross Domestic Product by its population. It measures the country’s economic output that account for the country’s total population. Gross Domestic Product  (GDP) per capita is the best measurement of a country’s standard of living.

Gross Domestic Product means the total number of goods and services produced in the country within a year.

3 0
3 years ago
Read 2 more answers
Which is a simple way of describing cost-benefit analysis?
julia-pushkina [17]
The CBA (sometimes called BCA) is when a company SUMS up the benefits of a business related action and then the costs associated with that action are subtracted.
7 0
3 years ago
Your company sells a variety of NFL logo t-shirts for various teams for $15. Your rental cost of the silk-screening equipment is
Zina [86]

Answer:

The company should print the 3,000 units of Tennessee  as they will yield a gain for 3,000 dollars.

Because it faces economies of scale it should sale for as much as it can from a given pattern

Explanation:

Profit: revenue - variable cost - fixed cost

Profit =   15*Q - 8*Q - 18,000

Profit =          7Q- 18,000

3,000 Tennessee shirts x $7 contribution per shirt - 18,000 setup cost

profit: 21,000 - 18,000 = 3,000

Profit maximization: Marginal revenue = marginal cost

Total Revenue: 15 x Q

dTR' /dQ = 15

dTR''/dQ = 0

cost function: 18,000 + 7Q

dC'/dQ = 7

dC''/dQ = 0

Sport Tee faces a economie of scale their cost do not increase over time. Sport Tee should sale as many shirt as it possible can

8 0
3 years ago
Raw Materials Inventory, beginning to balance $36,000
lesya692 [45]

Answer:

1. Journal Entry                        Debit        Credit

  Raw materials inventory      $73,400

   ($72,000 + $1,400)

          Accounts payable                          $73,400

   (Being raw materials purchase on credit)

2. Journal Entry                        Debit        Credit

  Work in process                      $64,300

   ($64,000 + $300)

        Raw materials inventory                    $64,300

                   <u>Raw Material Inventory Account</u>

Beginning balance    $36,000  |  Work in process $64,300

Purchase                    $73,400  |                              <u>            </u>

                                                   | Ending balance    <u>$45,100</u>

                                                   |  ($36,000 + $73,400 - $64,300)

3 0
3 years ago
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