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pychu [463]
3 years ago
15

What is the purpose of total quality management, defined as the principle that every member of staff must be committed to mainta

ining high standards of work in every aspect?
Business
1 answer:
amm18123 years ago
6 0
The Management of Total Quality is composed of three paradigms: conceptualizing its main purpose, Management: the management system with steps such as planning, organizing, controlling, leading, etc. Total: broad organization, and Quality: with its usual definitions and all its complexities.
The concept of quality includes customer satisfaction and applies to both the product and the organization. Total Quality aims, with the final idea of ​​customer satisfaction, obtain benefits for all members of the company. Therefore, it is not only intended to manufacture a product with the sole purpose of selling it, but also covers other aspects such as improvements in working conditions and in the training of personnel.The concept of total quality is an allusion to continuous improvement, with the aim of achieving optimum quality in all areas.
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Explain the importance of cultural awareness or understanding of sociocultural differences in the global marketplace.
bonufazy [111]

Answer:

Cultural awareness exemplifies the ability to recognize diverse beliefs, customs, and values whom are significant to some individuals.

Explanation:

Basically, being able to understand this is necessary, because you need to respect others unless you want to be deemed ingnorant

6 0
3 years ago
At a product's equilibrium price:
just olya [345]

Answer:

The answer is. C) any buyer who is willing and able to pay the price will find a seller for the product.

Explanation:

At a product's equilibrium price, the quantity demanded of the product equals the quantity supplied of the product. So that means that there will always be a supplier willing to sell the product to any consumer who is willing to pay for that product.

7 0
4 years ago
Gordon Ltd., a 100% owned British subsidiary of a U.S. parent company, reports its financial statements in local currency, the B
anastassius [24]

Answer:

Average rate = $1.55

Explanation:

Normally all companies use the current rates for the transaction, revenue department and profit loss, but it is not fair to use the same current rate on different dates.

Therefore, businesses usually use average exchange rates to overcome these kinds of shortcomings.

Therefore in this example, it would be appropriate to use the average exchange rates by the parent company to find the income of the subsidiary.

4 0
4 years ago
A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. Revenue from the sponso
Gemiola [76]

The correct answer is $148,000

6 0
4 years ago
Read 2 more answers
Imagine that you are working at a clothing or grocery store, and answer the questions below about inventory and merchandising fo
vova2212 [387]

Answer:

Explanation: Two important factors that could be considered to help decide how much inventory to keep in existence of a particular item in the store are:

1. Different inventory management techniques: These well-developed techniques will allow for an adequate level of inventory since, if not applied, maintenance of high levels of inventory could be incurred. The same would happen if there is a low level of inventory, since more costs would also be incurred as well, since there would be a need to place more orders. Maintaining an adequate level of inventory allows you to be stocked all the time and provide optimal service.

2. Use technological tools, that is to say computer systems to optimize the realization of inventories, taking into account that it is necessary to work with qualified personnel to keep a record of all the items owned by the company.

6 0
3 years ago
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