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arsen [322]
3 years ago
6

Who among the following is associated with contributions to quality control in operations​ management? A. Henry Ford B. W. Edwar

ds Deming C. Henri Fayol D. Frank Gilbreth E. Charles Babbage
Business
1 answer:
Alexus [3.1K]3 years ago
6 0

Answer:

B. W. Edwards Deming

Explanation:

W. Edward Deming is regraded as the father of Total Quality Management (TQM). Deming emphasized on quality control and increasing the productivity.

TQM aims at meeting the highest possible quality standard for products providing highest satisfaction to customers at least possible cost.

Operations refer to the way in which an organization operates and creates products.

Quality control in operations refers to operational efficiency in creating products and performing tasks efficiently. Efficiency relates to input output ratio in the sense utilizing resources optimally and producing highest level of possible output.

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The negative effect of innovative ride-sharing services, such as Uber and Lyft, on traditional taxi cab companies is an example
blsea [12.9K]

Creative destruction; People have always used taxis to go around town, but now services like uber, lyft, etc. are replacing them, creating a creative destruction as the negative effect of innovative ride-sharing services.

What is creative destruction?

The process of continuous product and process innovation in which new production units replace outmoded ones is known as "creative destruction." Major areas of macroeconomic performance are affected by this restructuring process, including long-term growth, economic volatility, structural change, and the operation of factor markets. Nearly the long term, the creative destruction process is responsible for over 50% of productivity increase. Recessions cost more than upturns do when restructuring declines as it does at business cycle frequency. Inhibitors to the creative destruction process include have negative macroeconomic effects both immediately and in the future.

Learn more about creative destruction here:

brainly.com/question/26352018

#SPJ4

3 0
2 years ago
Differentiation business strategies are often associated with premium prices. There are, however, reasons why a firm would NOT w
Natalija [7]

Answer: e. To drive up market share

Explanation:

Differentiation strategies involve adding features to a good to make it stand out from the Competition. Since these features are usually beneficial, the value of the good goes up and the company selling them can charge more. This is the main way things are done in Monopolistic markets.

However, sometimes it is best to charge the same price the Competition is charging even though you have a better product. This way the company is able to capture Market Share because the consumers will believe they are getting a better value for their money. For instance, if a company was selling Toyotas at $2,000 and it's competitor was selling the same Toyota but with 2 extra tires for the same $2,000 who would you use? The Competitor most likely.

This is why a firm might want to keep prices in line with competitors.

4 0
3 years ago
The __________ hand is the metaphor used to refer to market coordination, whereas the __________ hand is the metaphor used to re
RSB [31]

Answer:

are there options? if so can you tell me

5 0
3 years ago
Veneer Company has two service departments and two producing departments. The number of employees in each department is: Personn
Vadim26 [7]

Answer:

$13,532 .00

Explanation:

The cost allocation is usually based on a measurable factor such as area occupied, number of students etc. The more the measurable factor related to a unit/department, the more the cost assigned to the departments on the basis of the size of the measurable value.

Total number of employees

= 640

the amount of cost allocated to Department B under the direct method would be

= 199/640 * $43,520

= $13,532

3 0
3 years ago
Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment
grandymaker [24]

Answer:

B

Explanation:

Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.

To determine this, we proceed as follows;

Interest payment for the first year = 30000*7% i.e 2100

Principal amount paid = Total amount paid - Interest amount

= 7317 -2100 i.e 5217

Notes payable should be reduced by 5217

4 0
3 years ago
Read 2 more answers
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