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Nina [5.8K]
3 years ago
15

Betty, a project manager, sent out agendas before an upcoming meeting to everyone involved. During the meeting, she got a team m

ember to take minutes. After the meeting, Betty followed up with team members to check on their prog- ress. Evaluate Betty’s actions using the PDCA model. What, if anything, could she have done better?
Business
1 answer:
steposvetlana [31]3 years ago
5 0

Answer:

Check: Review the test, analyze the results, and identify what you’ve learned.

Explanation:

The four phases are:

Plan: identify and analyze the problem or opportunity, develop hypotheses about what the issues may be, and decide which one to test.

Do: test the potential solution, ideally on a small scale, and measure the results.

Check/Study: study the result, measure effectiveness, and decide whether the hypothesis is supported or not.

Act: if the solution was successful, implement it

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Consumer surplus is A. the difference between the highest price a consumer is willing to pay and the price the consumer actually
ss7ja [257]

Answer is A

Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.

For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.

Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.

3 0
3 years ago
This occurs when a person or firm purchases new capital. This occurs when a person's income exceeds his consumption. Which of th
Lostsunrise [7]

Answer: Buying $200 stock in AT&T is an example of investment. As in this case the persons income exceeds his consumption and he buys new capital.

Borrowing $1000 from a bank to buy a car to use in business is also an investment as in this case buying a car is like investing in a cash flow producing asset, as the car will be an asset which will help earn money from the pizza business.

Explanation:

Roommate depositing $100 is an example of saving and not investing.

Taking out a mortgage and buying a house is an example of consumption and not investment.

3 0
3 years ago
A(n) ________ represents a condensed version of the registration statement that enables prospective investors to evaluate a stoc
stiks02 [169]

Answer:

D. prospectus

Explanation:

prospectus is a term used in company law, it can be regarded as a formal and legal document that are used for invitation of offers from the public, so that public can subscribe to or purchase any securities. prospectus is basically a formal and legal document issued by a body corporate which acts for inviting offers from the public for subscription or purchase of any securities.prospectus is usually issued by a body corporate. And in this case the entitlement on issueing of prospectus is open to the every public company so that they can issue prospectus for shares or debentures, however not required as far as private company is concerned. It should be noted that prospectus represents a condensed version of the registration statement that enables prospective investors to evaluate a stock for possible purchase.

3 0
3 years ago
Explain the relationship between consumers and producers in economic growth and activity
Strike441 [17]

The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.

Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.

Money allows this relationship to work.

3 0
3 years ago
Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su
Anarel [89]
She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income. 
8 0
3 years ago
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