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3 years ago

Total quality management__________.

Business

1 answer:

artcher [175]3 years ago

3 0

Answer:

c. gives all employees the responsibility for achieving quality goals.

Explanation:

Total quality management is the process by which processes are continuously streamlined to avoid errors, improve experience of customers, and maintain training of employees. Every employee takes responsibility for producing final quality product.

The main focus of total quality management is to produce quality product by continuously improving the manufacturing process.

Although TQM originated in the manufacturing industry, it is applied in banking, finance, and medicine.

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Kamath-Meier Corporation's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years,

charle [14.2K]

Answer:

$71.5

Explanation:

Inventory forecast is a way of predicting the volume of inventory required to fulfill future orders based on the existing production capacity and other plans relating to production

equation for forecasting inventory = $22 + 0.125 sales

Current sales = $300 million

Annual sales growth rate =32%

sales for next year = 300 + (300*32%)

300 + 96= $396 million

Applying the equation

Inventory = $22 + (0.125*396)

$22 + $49.5 = $71.5 million

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3 years ago

What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)

Pepsi [2]

The term that describes the situation where fixed and variable expenses are higher than net income is D. dissaving.

Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.

Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.

Thus, dissaving means negative saving or spending more than income.

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2 years ago

All of the following actions lead to the payment of a credit card fee EXCEPT...

alexandr402 [8]

I need the picture so I can see it

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3 years ago

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Andrew is the prom committee chairman. He is at the prom and realizes that the meal delivered to the attendees was steak and not

scoray [572]

Answer:

monitoring and controlling

Explanation:

The five stages in the project management process are:

Project initiation
Project planning
Project execution
Project monitoring and controlling: in this stage you must measure the project's performance in order to identify any possible deviation from the project's plan. Project managers should use key performance indicators (KPI) to determine if the project s on track or not. In this case, one KPI was chicken meal and the deviation was steak meal.
Project closure

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Marketing benefits the organization, its stakeholders, and society at large by _______ offerings that have value for customers?

miv72 [106K]

Marketing benefits the organization, its stakeholders, and society at large by creating, communicating, delivering, and exchanging offerings that have value for customers.

<h3>What is marketing?</h3>

Marketing is a process filled with many activities to ensure customer value and organizational profitability.

Marketing involves the following marketing mix:

Product
Price
Place
Promotion.

Marketing does not start with advertising or creating awareness of a product or service in the mind of customers. It begins with product design, production, and delivery, and ends with customer service.

Thus, marketing creates, communicates, delivers, and exchanges offerings to benefit the customers, the organization, and other stakeholders.

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