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Svet_ta [14]
4 years ago
11

If W. Edwards Deming was your management consultant, he would emphasize

Business
1 answer:
VARVARA [1.3K]4 years ago
4 0

Answer:

Letter A. <u>Quality through constant innovation and quality assurance training.</u>

Explanation:

Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.

He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.

  • PLAN:  define objectives, methods and resources.
  • DO: Perform, educate and train.
  • CHECK: Measure and evaluate
  • ACT:  act correctly.

Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.

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Which of the following is an example of a qualitative materiality factor? The client installed a new security system to protect
ycow [4]

Answer:

A. The client installed a new security system to protect the building

Explanation:

The client is experiencing slow down in sales is an example of qualitative materiality factor as it can lead to misstatement. Sales turnover and payment, Percentage (%) of expenses to income and Percentage (%) of inventory to assets are all example of quantitative materiality factor. Whereas installation of new security system is not material which could lead to misstatement.

3 0
3 years ago
If the inverse demand function is:
Vesnalui [34]

Answer:

-0.136 and $528

Explanation:

Given that

p = 50 - 0.5Q

where,

Q = 88

So, p equals to

= 50 - 0.5 × 88

= 50 - 44

= $6  

As it is mentioned that

p = 50 - 0.5Q

0.5Q = 50 - p

Q = 100 - 2p

And we know that

Price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage Change in price

So,

= -2 × (6 ÷ 88)

= -0.136

And, the revenue is

= Price × Quantity

= $6 × 88

= $528

8 0
4 years ago
The main advantage to using credit cards is that they
zubka84 [21]
Build  your credit score
8 0
3 years ago
Joann fabrics inc. has created a new combination of colors and fabric types. the firm wants to know how customers will perceive
Inessa [10]

Answer:

C) image

Explanation:

A product's image is how consumers perceive and view a company's product.

Sometimes the concept of product image is broader than how potential customers perceive your specific product, since it can include how they perceive your brand as a whole or the type of product as a whole.  

For example, if the public considers a brand to be low quality, when they see an attractive product from that brand, their product will be nice but low quality.

3 0
3 years ago
Which strategy refers to the creative approach used throughout a campaign, which should flow from the brand's positioning statem
Anarel [89]

Answer:

The correct answer is: Creative strategy.

Explanation:

The creative strategy is the marketing plan a company sets to contribute to the achievement of its goal. Before this step, a study of the target market and customer of the company is necessary so the firm's publishers have an idea of who they are dealing with to introduce the good or service of the company in an engaging form.

6 0
4 years ago
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