The lands' end will be considered as the consumer in the given choices because a consumer is someone who purchases or buy materials for their benefits, this is seen above as they purchase merchandise and materials from around the world.
Answer:
UCL= <u>0.044</u>
LCL=<u>-0.004</u>
Explanation:
Use following formula to calculate the UCL and LCL
UCL = p + z
Where
P = defect rate = 2% = 0.02
z = sigma control chart limit = 3
n = samploe size = 300
PLacing values in the formula
UCL = 0.02+3
UCL = 0.02 + 3 x 0.008082904
UCL = 0.02 + 0.024248711
UCL = 0.044248711
UCL = 0.044
Now calculate LCL using folllowing formula
LCL = p - z
Where
P = defect rate = 2% = 0.02
z = sigma control chart limit = 3
n = samploe size = 300
PLacing values in the formula
LCL = 0.02 - 3
LCL = 0.02 - 3 x 0.008082904
LCL = 0.02 - 0.024248711
LCL = -0.004248711
LCL = -0.004
Answer:
Social Cognitive Perspective.
Explanation:
This theory focuses on how we interact with our environment. Is the believing of the capability of oneself of successfully performing certain behaviors or reaching certain goals. Behavior is influenced by the interaction between our traits (including our thinking) and our social context.
Perspective stating that understanding personality involves considering the situation and thoughts before, during, and after an event.
The three main factors are:
- Thoughts
: The interaction between the person and their behaviour is influenced by their thoughts and actions.
- Environment
: The interaction between the person and environment involves beliefs and cognitive competences developed and modified by social influences.
- Behaviors: The interaction between the environment and their behaviour involves the person´s behaviour determining their enviroment, which in turn, affects their behaviour.
Answer:
An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.
Answer:
Strategic planning
Explanation:
Strategic planning is the process in which business professionals formulate a clear plan to determine the direction of actions that they need to take in order to achieve the company's goals.
Strategic planning typically divided into 4 parts:
- Vision; The end goals that the company want to achieve
- Missions ; Specific list of conditions or checkpoints that the company need to get in order to actualize its vision
- Values; A set of principles that the company use to form their working culture
- Both Long terms and short terms plan that can be executed to sustain its operation.