Answer: Administrators must weigh the costs and benefits of quality management.
Explanation: A Cost and benefit analysis is used to help appraise or assess the case for a project or proposal, by estimating the net cost or advantage of the project of proposal.
The Administrators must compare the advantages and disadvantages of checking quality and must ensure that the advantages outweigh the disadvantages before proceeding.
Power Trucking Company operates a fleet of fuel trucks. When one of the trucks is positioned to receive a load, it strikes a storage tank owned by Quality Fuel, Inc. For the cost of repairing the damage to the tank, Quality Fuel is most likely to be awarded compensatory damages.
Answer: Option A
<u>Explanation:</u>
Compensatory damages refers to money awarded to the plaintiff; in this case Quality Fuel. The money is awarded to compensate for losses, injury or damages. Since the storage tank of Quality Fuel was struck, it must have been damaged and the company incurred losses.
Power Trucking Company was therefore required to pay compensatory charges to compensate for the loss of the storage tanker and any goods in it. Compensatory damages are usually awarded in civil court cases. These are paid when loss or damage takes place because of the negligence or the unlawful behavior or conduct of a party.
Answer:, it is important for you to understand your OWN definition
Explanation:Career success is a subjective process and because as different people we don't value the same things , what one considers as a career success may be different from what you consider as a career success.
If you don't establish your own definition of career success you will never know when when you have achieved it and you will keep searching and pursuing it based on what others define as career success so it is crucial that you find your own meaning and stick to that firmly .
This definition should be based on what you value and what you can do based on your skills.
Answer:
Another dimension of transaction costs or moving costs is searching costs. In the event of higher search prices, prudent customers shall continue to look for cheaper products or services. Search theory is a microeconomics industry which studies these decisions.
Explanation:
If you have any questions feel free to ask in the comments. - Mark
