Which step of the dmaic methodology are specific goals set for company achievement?

Gary did not pay his past three payments on his mortgage. What is the possible consequence he is facing?

Lapatulllka [165]

Answer: Foreclosure

Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.

Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.

It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.

6 0

3 years ago

What are the effects of an increase in the population on potential GDP, the quantity of labor, the real wage rate, and potent

baherus [9]

Answer:

Effects

Potential GDP decrease

the quantity of labor increase

the real wage rate decrease

and potential GDP per hour of labor decrease

An increase in the population decrease the real wage rate and increase the equilibrium quantity of labor.

Explanation:

Population growth affects many phenomena such as the age structure of a country’s population, international migration, economic inequality, and the size of a country’s work force.

Thinking in the graph of the labor market where combines hour real wage with the quantity of labor, if we increase the population , that means the demand of labor will increase so, the wage will decrease.

GDP per hour worked is a measure of labor productivity

The equilibrium is where the quantity demanded of labor is equal to the quantity supplied.

So, if the if the population increase the equilibrium quantity of labor will increase.

Effects Potential GDP is Potential gross domestic product decrease

the quantity of labor increase

the real wage rate decrease

and potential GDP per hour of labor decrease

6 0

3 years ago

During her psychology test, Kelsey could not remember the meaning of the term MNEMONICS. Surprisingly, however, she accurately r

ehidna [41]

Answer:

A) automatic processing

Explanation:

We process data in two basic ways: controlled processing and automatic processing. Controlled processing is a conscious process where we are aware of what we are doing. On the other hand, automatic processing happens unintentionally and without requiring our attention.

5 0

3 years ago

Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. Given this fo

zimovet [89]

Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. The individual that would be best fit for working at Barcelona is the person with Strong Type B personality

Answer: Option (d) is correct

Explanation:

Type B personality people are fit for working in Barcelona. They are the ones who are stress- free. They have control over their emotions. They are mostly relaxed and not at all aggressive.

They can comfortably express them without any kind of hesitation. They possess patience which is of utmost importance in any field. Their flexible nature enables them to adapt to changes quickly. They are highly motivated but have laid back attitude.

8 0

3 years ago

A quality control activity analysis indicated the following four activity costs of a hotel:

svet-max [94.6K]

The Cost of Quality Report is as follows:

Quality Cost Quality Percentage of Percentage of

Classification Cost Quality Cost Total Sales

Prevention $98,600 20% ($98,600/$493,000) 3.4%

Appraisal 49,300 10% ($49,300/$493,000) 1.7%

Internal Failure 246,500 50% ($246,500/$493,000) 8.5%

External Failure 98,600 20% ($98,600/$493,000) 3.4%

Total Quality Costs $493,000 100% 17.0%

Data and Calculations:

Inspecting cleanliness of rooms $49,300 (Appraisal)

Processing lost customer reservations 98,600 (External failure)

Rework incorrectly prepared room service meal 246,500 (Internal failure)

Employee training 98,600 (Prevention)

Total $493,000

Sales $2,900,000

Percentage of Quality Cost = Quality Cost/Total Quality Cost * 100

Percentage of Total Sales = Quality Cost/Total Sales * 100

Thus, the cost of quality report is an appraisal of how the hotel uses its resources to prevent poor quality, including its internal and external failures.

Learn more about cost of quality report here: brainly.com/question/23775957

4 0

3 years ago