According to dr. w. Edwards Deming's quality movement and quality efforts need to be constantly and consistently improved.
Deming is widely recognized as one of, if not the founders of total quality management. Deming is largely credited with the revolution in Japanese manufacturing management that led to the economic boom of the 1970s and 1980s.
In the 1930s, Deming was intrigued by the idea of using statistics to improve quality control. His focus was on improving production and eliminating future failures by systematically collecting failure records and investigating and correcting root causes.
Deming's philosophy known as Dr. Deming's "Management Theory" and later "systems of profound knowledge" represent a holistic approach to leadership and management. philosophy brings together an understanding of variation, epistemology, psychology, and appreciation of the system.
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Answer: D. Internalizing the externality
Explanation: A policy that succeeds in giving buyers and sellers in a market an incentive to taken into account the external effects of their action in consumption and production is call " internalizing externalities ".
Internalizing the externality simply means shifting the burden, or costs, from a negative externality, such as environmental degradation, pollution or traffic congestion, from external to internal. This is done by government through taxes, tolls,property rights and government subsidies.
Answer:
It would be public relations specialist
Routine problem solving situations.
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Answer:
$17,000
Explanation:
The amount of the Allowance for Bad Debts account after adjustment is shown below:
= Debit balance of Allowance for Bad Debts account + uncollectible accounts
= $7,000 + $10,000
= $17,000
The journal entry is also shown for better understanding
Bad debt expense A/c Dr $17,000
To Allowance for doubtful debts $17,000
(Being bad debt expense is recorded)