Answer:
Group of individuals working together to address a particular problem or process.
Explanation:
Quality improvement team can be be described as a group of employees whose task is the ensure the quality of a particular product. This team is in charge of an entire production process, they also have the right to make alterations to the design of a product to ensure that there is more demand for the product in the market.
The quality improvement team also take part in decision making by bringing up new policies and ideas capable of boosting the amount of profit incurred by the organisation.
Cannot be determined from the information given.
Answer:
Place, where the consumer/customer can go when making a purchase on a product.
Explanation:
Good luck, I majored in Business Management
Answer:
The company's cost savings is $10 per unit.
Explanation:
Since the allocated fixed cost of $400,000 per year ($40 per unit) are unavoidable whether the company makes or buys this component, this will not be in the company's cost to determine the cost saving as follows:
Company's avoidable cost per unit = Variable costs per unit + Related fixed cost per unit = $109 + $1 = $110
Company's cost savings per unit = Company's avoidable cost per unit - Supplier's quotation per unit = $110 - $100 = $10 per unit
Total cost saving from normal production per year = 10,000 × $10 = $100,000
Total cost saving from normal production for the next 3 years = $100,000 × 3 = $300,000
Answer:
6.01%
Explanation:
Calculation for the dividend yield
Using this formula
Dividend yield=(Annual dividend income/Numbers of shares)/Amount per shares
Let plug in the formula
Dividend yield =($372/150 shares)/$41.20 per share
Dividend yield =$2.48/$41.20
Dividend yield =0.0601*100
Dividend yield =6.01%
Therefore Dividend yield will be 6.01%