1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
3 years ago
11

One way to think about TQM is as a business philosophy centered around seven core ideas, or principles: __________ refers to the

specific actions a firm takes to ensure that its products, services, and processes meet the quality requirements of its customers.
Business
1 answer:
Paraphin [41]3 years ago
6 0

Answer:

Quality assurance

Explanation:

Quality assurance can be defined as a process of identifying if a particular product meets up to the specified requirements. It helps to assure the quality of products that are manufactured in an organization.

The main function of a quality assurance system is to boost the customer confidence and also the company's credibility, while also improving the different work processes and efficiency. It also enables an organization to be able to compete well with other brands.

Quality assurance process helps to prevent product defects.

You might be interested in
If Papa John's wants to determine the impact of different coupon offers on pizza unit sales, it needs to conduct:
Jobisdone [24]

Answer: (A) Experimental research

Explanation:

 The experimental research is one of the type of method that helps in determining the different types of data by using the scientific approach and it also control all the scientific variable information that can controlled all the manipulated data or information in the system.

The main purpose of the experimental research is that it helps in establish the relationship of the two variables and also used for the investigation purpose.

 According to the given question, the papa john wanted to determine re different coupons on the pizza sales unit and he basically needs for conducting the experimental research.

Therefore, Option (A) is correct.  

7 0
3 years ago
What is a disaster?
Paladinen [302]

Answer:

Any event or occurrence that can have a detrimental effect on an organization either in whole or in part-B

Explanation:

A disaster in buisness is an economic disruption situation resulting from Natural hazards(floods, hurricanes), Health hazards(Corona virus), Human hazards (accidents) and

Technology-related hazards power and equipment failure.) Causing detrimental effect to buisnesses.

Disasters especially natural disasters can happen suddenly affecting a buisness tremendously. Therefore business owners need to be prepared by having a backup plan in place. For example substitute work site, or good insurance can go a long way in cushioning the effects of some disasters.

However, generally,there is not so much that a business leader can do in preparing his or her organization for hazards but it is necessary that they always Identify Thier risk, develop Plans , take action towards the plan and Inspire others on Thier successful outcomes.

8 0
4 years ago
Read 2 more answers
Ratios that provide valuable information to shareholders are __________.
Agata [3.3K]

The correct option is b.) profitability ratios

Ratios that provide valuable information to shareholders are profitability ratios.

<h3>What is profitability ratios?</h3>

Profitability ratios are a type of financial metric that is used to evaluate a company's ability to generate profits relative to its revenue, operational costs, balance sheet assets, as well as shareholders' equity over time, utilizing data from a single point in time.

Some key features regarding the profitability ratios are-

  • Profitability ratios are comparable to efficiency ratios, which take into account how well a corporation uses its assets from within to earn revenue (as opposed to after-cost profits).
  • Profitability ratios show how well a company is generating profit & value for its shareholders.
  • Higher ratio outcomes are frequently more favorable, but when compared to similar company results, the company's own past results, or the industry average, these ratios provide significantly more information.

To know more about profitability ratios, here

brainly.com/question/24127784

#SPJ4

8 0
2 years ago
Which of the following is the correct order for the preparation of the listed budgets? A) Budgeted income statement, sales budge
konstantin123 [22]

Answer:

The correct option is C,sales budget, direct material purchases budget, budgeted income statement

Explanation:

Te correct order in preparing budgets is to first of all have a sales forecast based on information on previous years' sales figures as well as looking at the future economic outlook.

When sales forecasts are made based on educated guess,the sales budget is prepared using the most appropriate selling price  per unit.

Thereafter,based on the number of units planned for sales,the required materials needed to accomplish the sales level is forecast,hence direct material purchases budget is prepared with informed unit cost of material.

Lastly,the income statement which encompasses both revenue from sales budget in addition to costs from direct materials purchase budget is finalized.

8 0
4 years ago
a clothing firm knows that the demand for its swimsuits is inelastic at the present price what action should it take to resolve
Elanso [62]

To resolve a surplus in inventory, usually a company would lower the price to increase demand. In this case, I would imagine the swimsuit firm would offer an end of the season sale to clear out leftover inventory.

4 0
3 years ago
Other questions:
  • A consumer will consume such that price equals marginal benefit for every good consumed because
    12·1 answer
  • An office manager orders office supplies. He pays $20 for pens, $15 for paper clips, $30 for paper, and $28 for legal pads. What
    12·1 answer
  • Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary
    8·1 answer
  • Producer surplus is
    5·1 answer
  • Which of the following statements represents information?
    15·1 answer
  • Skymont Company wants an ending inventory each month equal to 30% of that month's cost of goods sold. Cost of goods sold for Feb
    8·1 answer
  • The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this
    11·1 answer
  • You are a policy analyst in the Department of Energy. You were just offered a job with a renewable energy company. How long must
    15·1 answer
  • A restaurant supply store is trying to determine how many boxes of a certain commonly used item to order. They estimate that tha
    8·1 answer
  • Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!