TQM is Total Quality Management, it's describe as a management approach to long-terms success for customer service or satisfaction.
Answer:please refer to the explanation section
Explanation:
Mechanic = $100
Vet = $100
Alex (payment from vet) = $100
Will's $100 bill has created $300.
This situation is explained in detail by the concept known has the multiplier. The multiplier measures how much impact will a change in an exogenous variable will cause in endogenous variables, for example How much a increase in Government spending will change Gross Domestic Product.
The multiplier in this case is 3,
Answer:
The correct answer is indirect bankruptcy costs.
Explanation:
Indirect costs are considered to be damage to the image and reputation of the company, lost investment opportunities, credit restrictions, conflicts with suppliers, loss of sales, conflicts with workers. Indirect costs are usually much higher than direct costs.
Answer:
e. A differential benefit
Explanation:
Differential benefits are the unique features, properties or characteristics a product possesses that made it stand out in the market place from other like products produced by competitors. This is very important for businesses operating in an industry with high completion. Ability to compel or attract customers to be loyal to your brand by making them see reasons why they should as expressed in the uniqueness of your product is very important for success.