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Lilit [14]
3 years ago
6

A large personal care products company adopts a(n) ________ approach to gain a competitive edge in light of intense foreign comp

etition and increasingly demanding customers. The company believes that uniform commitment to quality in all areas of its organization will promote a culture that meets customers' perceptions of quality.
Business
1 answer:
lawyer [7]3 years ago
8 0

Answer:

"Total quality management " is the correct answer.

Explanation:

  • TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives.
  • This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.
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Marginal Utility is the satisfaction or usefulness obtained from acquiring one more unit of a product.
skad [1K]

<u>Answer:</u>

<em>True </em>

<em></em>

<u>Explanation:</u>

Marginal utility evaluates the additional fulfillment that a customer earns from consuming extra units of merchandise or administrations. The idea of marginal utility is utilized by market analysts to decide the number of items customers are eager to buy. Positive peripheral service happens when the utilization of an extra thing expands the free utility while minimizing negative utility happens when the use of an extra something diminishes the complete efficiency.

5 0
4 years ago
Read 2 more answers
Select the correct answer.<br> Workers like authoritarian leaders best.<br> A True<br> B. False
aivan3 [116]

Answer:

False

Explanation:

In autocratic leadership, the leader or manager does not allow the team members to contribute to the group's decisions. It is also known as authoritarian leadership. The leader issues command-like instructions that must be followed by everyone.

In general, workers do not like authoritarian leaders. Authoritarian leaders do not consider workers' opinions, nor do they value their inputs in decision making. Discouraging group inputs stifles creativity and innovation. Workers are always demoralized as they do not feel part of the team and its decisions.

6 0
3 years ago
Read 2 more answers
Assume you work for a Norwegian company exporting a container of salmon to Azerbaijan or Haiti. The customs official informs you
devlian [24]

Answer:

<u>Consider the offer</u>

Explanation:

Remember, for most companies their profits are dependent on the amount of sales. Thus, when products are delayed on route to reach their desired market it may affect the company financially. Thus, paying an “expediting fee” of €200 will a good strategy to reduce the waiting time, and it will be in the best interest of the Norwegian company.

5 0
4 years ago
When the Fed increases the reserve requirement, banks: must increase the dollar volume of loans they make to customers. must pay
Aleks04 [339]

Answer:

The correct answer is that the banks will have fewer or smaller funds available for the lending

Explanation:

Federal Reserve is the one who is the system of the central banking, who is responsible for setting the monetary policies. And if the Fed increases the requirement of the reserve, banks will unable to lend more amount of money to the clients of the firm or business. As they they to reserve the amount to the Fed.

7 0
3 years ago
In the market for a particular pair of shoes, Jena is willing to pay $75 for a pair while Jane is willing to pay $85 for a pair.
Basile [38]

Answer:

The correct option is c.$30

Explanation:

In this question, we use the formula of the consumer surplus. The formula is shown below:

Consumer surplus = maximum price willing to pay - actual price

So,

For Jena, the consumer surplus would be equal to

= $75 - $65

=$10

For Jane, the consumer surplus would be equal to

= $85 - $65

=$20

So, the total consumer surplus would be

= Jena consumer surplus + Jane consumer surplus

= $10 + $20

= $30

Hence, the combined amount of consumer surplus for Jena and Jane is $

30

Therefore, the correct option is c.$30

3 0
3 years ago
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