Answer:
54,600
Explanation:
According to the scenario, computation of the given data are as follow:-
Particular Quantity of Raw Material (liters)
Required Raw Material 56,000
Add-Raw Material’s ending stock (52,000 × 35%) 18,200
Less-Raw Material’s opening stock(56,000 × 35%) 19,600
Budgeted material need for April 54,600
We simply applied the above format for determining the budgeted material needed for the month of April
The distinguishing feature of many firms that pursuing an <u>international</u> strategy is that they are selling a product that serves universal needs, but they do not face significant competitors.
An international strategy is a business strategy which is created by a company to do its business in international markets. Thus, this strategy serves universal needs as they do not face significant competitors.
An international strategy requires analyzing the international market, defining goals, studying resources, understanding market dynamics & develop offerings. Firms pursuing an international strategy are not confronted with pressures to reduce their cost structure.
Hence, the answer is given and explained above.
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I'm sure it's true. A small business can thrive
Answer:
Walter Shewart
Explanation:
Most modern control measures that give priority to quality control and statistical sampling in quality control can be traced to Walter Shewart .
Walter Shewart , nicknamed the grandfather of Total Quality Management developed a statistical process control approach to quality management to aid managers in making an efficient ,effective and economical decision.
In respect to statistical sampling and analysis , he developed the Shewart learning and improvement cycle combining creative management thinking and with statistical analysis.
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