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natita [175]
3 years ago
12

Lean practices Include those which are designed to ellminate waste while still satistying the customer. Examples of lean practic

es include all of the following: Check all that apply. A. continuous improvement B. service focusC. just-in-time manufacturing tD. raditional manufacturing E. total quality management
Business
1 answer:
zubka84 [21]3 years ago
4 0

Answer:

The correct answer is letter "A", "C", and "E": continuous improvement; just-in-time manufacturing; total quality management

Explanation:

Lean practices involve several activities companies can engage to reduce inefficiency at work. Organizations achieved this by eliminating wasteful practices among employees to improve the output quality and keep consumers preference, thus making a profit. <em>That improvement must be continuous and imply managers will seek constantly perfection</em>.  

For instance, manufacturing companies can eliminate waste by keeping tight deadlines and <em>delivering their products just in the time</em> the suppliers or final consumers expect.

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Growler Commercial Cleaning Company collects $1,000 deposit associated with the rental of industrialcleaning equipment. The depo
Elza [17]

Answer: (d) liability - refundable deposits.

Explanation:

The refundable deposit of $1,000 was a liability because Growler owed it to the customer and were simply holding it for when the customer returned the equipment.

Upon receipt of the deposit, they credited the Refundable deposits accounts which is a liability account. Now that the customer has returned the cleaning equipment and the deposit is to be refunded to the customer, Growler should now debit the Refundable deposits account to cancel out the liability.

5 0
3 years ago
Question 1 (2 points)
inn [45]

Answer:

True

Explanation:

The principal purpose of building a business is to make profits.  A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.

Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.

8 0
3 years ago
While sitting beside a swimming pool, your neighbor Bob, a roof installer, tells you that you should buy stock in HotNet because
Nesterboy [21]

Answer: d) Cannot sue Bob for misrepresentation

Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.

8 0
3 years ago
Leaf Lovers Garden Centers is a chain of discount gardening stores throughout the United States. Top management realizes that am
zaharov [31]

Answer:

Decentralised

Explanation:

Leaf lover's garden is an organisation which has given their regional managers the authority to make decisions on the behalf of the company. Any organisation which provides their mid-level and low-level managers the authority to make decisions is known as decentralised organisations. This type of organisational structure is different from the centralised organisation, where most of the decisions are made by top managers and CEOs.

7 0
3 years ago
He Wall Street Journal reports that the rate on three-year Treasury securities is 4.75 percent and the rate on four-year Treasur
Volgvan

Answer:

1 +1R4= {(1 +1R3)(1 + E(4r1) +L4)}1/4

1.0500 = {(1.0475)^3(1 + 0.0525 +L4)}1/4

(1.0500)^4= (1.0475)3^(1 + 0.0525 +L4)

(1.0500)^4/(1.0475)^3= 1 + 0.0525 + L4

(1.0500)4/(1.0475)^3-1.0525

L4= .0050358564 = 0.504%

4 0
3 years ago
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