Correct option is A. The best definition of the capability of a process is how well the input of a process satisfies the customer of the process.
<h3>What is the purpose of process capability analysis?</h3>
To determine how well a certain process complies with a set of specification restrictions, a set of techniques called process capability analysis is utilized. In other words, it assesses the effectiveness of a procedure.
In actuality, it compares the distribution of sample values—representing the output of the process—against the specification limits, or the upper and lower bounds of what we aim to achieve. It may also be compared to a specification target.
Process capacity indices are frequently used to describe a process's capabilities. Depending on your analytical needs, you could calculate one or more of the several process capability indices. However, in order to compute any process capacity indices, you must first presume that your process is stable.
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An electric company is like to have greatest market power.
Explanation:
An electric company falls under oligopoly market. An oligopoly market is that market that consist of few firms and large numbers of buyers. As a result the sellers have the power to change the price. Although if they increase the price the customers will not be able to stop buying those goods.
Oligopoly market has the power to affect the demand as well as the supply . In case of market power the output reduces but there is no loss in economic welfare.
Answer:
c. An addition to (or a deduction from) the beginning balance of retained earnings
Explanation:
A prior period adjustment is the correction of an accounting error that occurred in the past and was reported on a prior year's financial statement, net of income taxes. Prior period adjustment are reported in the statement of retained earnings as an increase or a decrease in the beginning retained earnings. Therefore, the adjusted beginning retained earnings balance is the amount that retained earnings would have been if the error had not been made.
Answer:economic requirement
Explanation:Product adaptation is the process of modifying an existing product so it is suitable for different customers or markets. An adaptation strategy is particularly important for companies that export their products because it ensures that the product meets local cultural and regulatory requirements.
Product adaptation is the process of modifying an existing product so it is suitable for different because it ensures that the product meets local cultural and regulatory requirements.
<span>Here are the choices on the given question:
A. lender
B. investor
C. insurer
D. borrower
When the customer opens a bank savings account, the bank, essentially becomes an investor. So the answer is B.
Investor because the amount of money that you put in your savings account is being invested by the bank to gain interest.</span>
