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PIT_PIT [208]
4 years ago
14

Which of the following best represents the Plan step in the​ Plan-Do-Check-Act (PDCA)​ cycle? A. Implement the chosen course of

action. B. Take actions to lower​ costs, change resource​ allocations, improve the​ quality, cycle time and flexibility of​ processes, modify the product​ mix, change customer​ relationships, and redesign and introduce new products.. C. Define the​ organization's purpose and select the focus and scope of its strategy. . D. Measure and monitor ongoing performance and take shortminusterm actions based on the measured performance.
Business
1 answer:
serious [3.7K]4 years ago
8 0

Answer:

Correct option is (C)

Explanation:

PDCA or Plan-Do-Check-Act cycle was proposed by William Edward s Deming to identify the reasons for a product that failed to meet expectations of customers. This cycle aims t provide businesses with solutions to identify issues with the products and make continuous improvements.

In the plan step, organization's issues are identified and defined. Various hypotheses are examined and the most suitable hypothesis is determined that would be tested in further steps. So, in the first stage that is plan stage, organization's purpose and scope of its strategies are defined.

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Discuss the relationship between a fishing business and a supermarket <br>​
inysia [295]
The fishing business goes off of supply and demand... and so does the super market they both sell the products based on the need of the people.
7 0
3 years ago
Jonah and Elias are participants in a research study. One task involves reading an ambiguous story, which participants can inter
alex41 [277]

Answer:

These are the statements for the question:

A. Jonah probably tends to experience excessive anxiety, whereas Elias does not,

B. Elias probably tends to disregard others' feelings, whereas Jonah is highly sensitive to others' feelings.

C. Jonah and Elias probably have opposing personality disorders.

D. Elias probably tends to experience mood dysfunction, but Jonah does not.

And this is the correct answer:

A. Jonah probably tends to experience excessive anxiety, whereas Elias does not.

Explanation:

Jonah likely experiences lots of anxiety because he finds threatening things that others (like Elias) find comical.

This migh result for several reasons. For example, the particular events in the story could have triggered past traumas or unpleasant memories in Jonah, or Johan could be suffering from a generalized anxiety disorder.

5 0
3 years ago
A pretzel-stand owner in Chicago hires workers to make hot pretzels and sell them to customers. If the firm is competitive in bo
lisabon 2012 [21]

Answer:

D. no control over either the price of pretzels or the wage it pays to its workers.

Explanation:

A competitive market is characterised by many firms that are price takers. Firms that are price takers have no influence over the price they charge for their products; prices are set by the forces of demand and supply.

If the market for pretzels are competitive, the firm cannot set the price for pretzels. If the pretzel stand owner increases the price for pretzels, consumers patronize other pretzel stand owners. There would be no incentive for the pretzel owner to reduce its cost because the pretzel stand owner would be reducing its revenue and reducing its profit

If the market for pretzel makers is competitive, firms have no influence on wages that can be paid to workers.Wages are determined by the forces of demand and supply. If wages are cut, workers move to other firms. There would be no incentive to increase wages because it would increase cost and reduce profit.

4 0
3 years ago
First National Bank charges 13.7 percent compounded monthly on its business loans. First United Bank charges 14 percent compound
Liula [17]

Answer:

First National Bank    = 14.6%

First United Bank.=   = 14.8%

Explanation:

<em>Effective annual rate is the equivalent annual rate o where interest rate is compounded at an interval shorter than a year.</em>

It can be calculated as follows:

EAR = ( (1+r)^(n) -1) × 100

r -interest rate per period

n- number of period

EAR - Effective annual rate

First National Bank

r - interest rate per month = 13.7%/12 = 1.141%

number of period = 12 months

EAR =( (1+011141)^(12) - 1) × 100

       =  0.145938395 × 100

       = 14.59

      = 14.6%

First United Bank.

r- interest rate per quarter - 14%/4 = 3.5% per quarter

n- number of quarters = 4

EAR = ((1+0.035)^(4)- 1) × 100

      = 0.147523001 × 100

      = 14.8%

 

8 0
3 years ago
Help-. You and a friend are designing and selling artisan smartphone covers. The covers are decorated with tiny manufactured rhi
GuDViN [60]
I believe it would be capital.  You have to invest in the jewels to complete the cases.
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3 years ago
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