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3 years ago

What two pieces of information are arguably the most important to any business?

1 answer:

6 0

The two pieces of information that are arguably the most important to any business are the following: Demand -- It is important to know what is currently on high-demand in the place your business is located for you to know what products or services should be made available. Culture - Can your business grow with the existing cultures of the place you are selling? Consider the place and culture for you to identify what products should be sold.

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Influencer Technology is working to improve the level of quality and reduce the level of complaints in the services it provides

bekas [8.4K]

Answer:

Six Sigma

Explanation:

Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.

Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.

Generally, there are two (2) main methods of achieving the six sigma approach;

1. DMAIC: define, measure, analyze, improve and control. it is a data-driven improvement cycle used for improving processes and driving Six Sigma projects.

2. DMADV: define, measure, analyze, design and verify.

In conclusion, Six Sigma is used by various organizations or professionals to improve the level of quality of their products or services, as well as reducing to the barest minimum, the level of complaints in the services it provides to clients. Also, the Six Sigma approach to quality control avails businesses the ability to detect potential problems early, so as to prevent their occurrence.

5 0

3 years ago

An agreement between two adults to pay $300 cash for a bicycle is an example of a contract that is

SIZIF [17.4K]

The answer is a valid contract. A valid contract occurs when both parties has expressed or had shown agreement when engaging to certain services or products as means of showing that they both have negotiate and came to an understanding of agreement with what they are pertaining to in which is shown above as the adults involved has an agreement of paying the bicycle that shows a valid contract.

5 0

3 years ago

A check drawn by a credit union on its account at a federally insured bank would be an example of a:

Ivenika [448]

A check drawn by a credit union on its account at a federally insured bank would be an example of a cashier check. It is a type of check that is being issued by the bank being withdrawn from the own funds of the bank and being signed by the cashier of the bank. These are classified as guaranteed as funds since it is the bank that is held responsible for the payment of the amount. These are usually used in real estate and transactions pertaining to brokerage. This type of check has the name of the bank that issued it in an obvious location and it has improved security features like color shifting ink, security thread and watermarks.

8 0

3 years ago

Sean Davis is the owner, president, and primary salesperson for Davis Manufacturing. Because of this, the company's profits are

Natali5045456 [20]

Answer:

The related cash flows to Sean are as follows;

a. $424,000

b. $592,000

c.$399,808

d. $512,885

Explanation:

In this question, we are asked to calculate cash flows to Davis manufacturing given that debt is issues and equity is issued for a number of hour-week

We proceed as follows;

a. For a 40 - hour week and Debt is issued

Mathematically, the cash flow is calculated below as follows;

Cash Flow = EBIT - Interest on debt = $594,000 - ($1.7 million x 10%) = $424,000

b. For a 50 - hour week and Debt is issued

Mathematically, the cash flow is calculated as follows;

Cash Flow = EBIT - Interest on debt = $762,000 - ($1.7 million x 10%) = $592,000

c. For a 40 - hour week and Equity is issued

Mathematically, the cash flow is calculated as follows;

In this case, there will be no interest cost

The firm's value will be increased by the amount of infusion but ownership of sean will be diluted.

New ownership of Sean = $3.5 million / ($3.5 million + $1.7 million) = 0.67307692307

Mathematically, the cash flow is calculated as follows

Cash Flow to Sean = EBIT x new share = $594,000 x 0.67307692307 = $399,808

d. For a 50 - hour week and Equity is issued

The calculation is as above and there is also no interest course

Cash Flow = EBIT x new share = $762,000 x 0.67307692307 = $512,885

KINDLY NOTE EBIT IS EARNINGS BEFORE INTEREST AND TAXES

5 0

3 years ago

Aztec Company reports current E&P of $200,000 in 20 X 3 and accumulated E&P at the beginning of the year of negative $10

kondaur [170]

Answer:

How much of the distribution is treated as a dividend in 20X3?

100000

Explanation:

E&P CURRENT 200000

E&P ACCUMULATE -100000

Dividend 100000

3 0

3 years ago