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lora16 [44]
3 years ago
11

Tim's Auto Service stations were fined for failure to provide the services billed and other things. After being fined, Tim's ref

ocused its business and began a coordination of efforts directed at improving customer satisfaction, increasing employee participation in decision making, improving supplier partnerships, and facilitating an organizational atmosphere of continuous quality improvement known as:________.
a. total quality management.
b. total quality commitment.
c. quality improvement planning.
d. customer satisficing
Business
1 answer:
Fudgin [204]3 years ago
8 0

Answer:

The correct answer is a. total quality management.

Explanation:

It is known as total quality management to a business management strategy that consists of the study and assessment of the concept of quality in each of the phases of a production process. The purpose is the constant improvement of goods and services offered and the achievement of greater customer satisfaction.

Another way to understand this concept is as a mechanism for studying and monitoring the processes and human work of a firm. It is also called through its English translation: Total Quality Management (TQM).

The denomination of total is understandable from the perspective that the quality required and evaluated in the strategy includes both the different levels and elements of a company and the human group that works in it. That is, the search for quality prevails in each of the different organizational processes.

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Athens Delivery Service is hired on October 31, 2018 to perform services, beginning on November 1, 2018. The delivery services w
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  1. Answer: $6600  Explanation: Athens' entered into a contract to deliver services from November 1. This contract is valid for 6 months. Their fiscal year ends on December 31. This means that only 2 months worth of services will be delivered in 2018. Even if Athens received cash for the full 6 months they can only record the revenue when they have fulfilled the obligations and rendered the service.  Because only 2 months were rendered in 2018, they can only record $6600 ($3300 × 2 months) in the 2018 fiscal year. The outstanding 4 months' balance will remain in income received in advance account until these 4 months' services are actually rendered and the obligation is fulfilled by Athens.
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2 years ago
A credit card company advertises an APR of 15.3%, compounded daily. What
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Answer:

B. 16.53%

Explanation:

The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.

the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1

  • i =15.3%
  • n = 365 days

r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%

7 0
3 years ago
Comparing Investment Criteria Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assum
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Answer:

⚡️?

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⚡️ nothing has a problem with the battery and the battery is a bit annoying and the battery is a bit annoying

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3 years ago
Good recordkeeping helps protect assets and helps managers? apply technological controls establish responsibilities monitor comp
coldgirl [10]

Good recordkeeping helps protect assets and helps managers <u>monitor company activities.</u>

<u></u>

<u></u>

<u></u>

What are the benefits of good recordkeeping?

  • Good records will help you do the following:
  1. Monitor the progress of your business.
  2. Prepare your financial statements.
  3. Identify sources of your income.
  4. Keep track of your deductible expenses.
  5. Keep track of your basis in property.
  6. Prepare your tax returns.
  7. Support items reported on your tax returns.
  8. Save time and costs
  9. Prevent loopholes and oversight
  10. Prevent fraud or theft
  11. Comply with laws
  12. Make business decisions
  • Different countries have different regulations depending on the local laws stipulated by the government.
  • It is important for you to do substantive research and ensure that your company’s current record keeping system is compliant with the country regulatory requirements.

To know more about good recordkeeping, refer:

brainly.com/question/11145292

#SPJ4

7 0
2 years ago
A manager of a monopoly firm notices that the firm is producing output at a rate at which average total cost is falling but is n
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The correct option from the given options is "<span>d. ​incorrect, since profit maximization requires that marginal revenue equals marginal cost but does not require the average total cost to be at any particular level."
</span>
Profit maximization refers to the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit. Neoclassical financial aspects, at present the standard way to deal with microeconomics, as a rule models the firm as maximizing benefit.
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