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3 years ago

Total quality management differs from traditional performance measurement in that it:

1 answer:

7 0

The answer is assesses both individual performance and the system within which the individual works.
The main purpose of the total quality management is to make sure that organization able to set up a certain type of climate that continously helop worker in improving their working efficiency in order to accelerate company's operation.

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Reports that trace the entry of and changes to critical data values are called ____ and are essential in every system.

ivanzaharov [21]

Answer:

audit trails

Explanation:

Reports that trace the entry of and changes to critical data values are called audit trails and are essential in every system.

8 0

3 years ago

Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive

11111nata11111 [884]

Answer:

The answer is "4200"

Explanation:

Please find the complete question in the attached file:

Calculating the variable cost in km:

$= \frac{(105,000 \times 0.114 - 70,000 \times 0.134)}{(35,000)} \\\\ = \frac{(11,970 - 9,380)}{(35,000)} \\\\ = \frac{2,590}{(35,000)} \\\\ =0.074$

Calculating the fixed cost:

$= (105,000 \times 0.114) - (105,000 \times 0.074) \\\\ = (11,970) - (7,770) \\\\=4,200$

3 0

3 years ago

Adhira buys chocolates and almonds. She has 3 bars of chocolates and 4 bags of almonds. The marginal utility of the third chocol

Zanzabum

Answer:

Cannot be determined

Explanation:

If the marginal utility of the third chocolate bar is 18 units of utility and the marginal utility from the fourth bag of almonds is also 18.

For it to be determined if Adhira is maximizing her utility, we need to compare the different units of utility per product to the individual prices of the product.

The Utility Maximization rule states that consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.

It is marginal utility per dollar spent that is equalized. and not absolute utility.

6 0

3 years ago

Timini Inc., a beverage company, wants to produce a new health drink. It borrows money from Maverk Bank to finance the developme

MaRussiya [10]

Answer:

b. A term loan

Explanation:

A term loan is a type of loan that has a series of fixed payments with an interest rate, which can also be fixed, or unfixed.

The word fixed payment means that the payments have a specific date in which to be made.

In this case, Timini Inc is using a term loan to finance its operation because the bank mandates Timini Inc to return the borrowed amount with a regular schedule of fixed payments.

6 0

3 years ago

Suppose the banking system has $40 billion in reserves. Also assume that there are no cash leakages or excess reserves. If the c

pshichka [43]

Answer:

Money supply increases by $1.6 billion

Explanation:

The reserve ratio is defined as the amount of a bank's reserves that the central bank of a country expects banks to keep as cash and not lend out.

Reserve ratio is also called cash reserve ratio.

This requirement is put in place in case customers decide to make mass withdrawals.

Central banks tend to control cash supply by increasing or reducing the reserve ratio.

When money to be supplied as loans is to be increased, the reserve ratio reduces so that banks can use more of their reserves for lending rather than for cash withdrawals.

In this instance reserve ratio reduced from 20% to 16%.

That is a 4% reduction

This means 4% of the reserves is freed up for lending or money supply to the public

Extra money supply = 0.04 * 40 billion = $1.6 billion

Money supply increases by $1.6 billion

5 0

3 years ago