Answer:
W. Edwards Deming
Explanation:
The person who believed that management must do more to improve the work environment and processes so that quality can be improved was
W. Edwards Deming
W. Edwards Deming who is a management consultant from America that believe in system theory that all organization has different components that works together to achieve a goal in the organization.
Answer:
31.6%
Explanation:
Contribution margin ratio after the increase in selling price is:
CM = (Unit selling price - Unit variable cost) / Unit selling price
= (190 - 130) / 190 = 31.6%
Answer:
Additional property improvement that bring no corresponding increase in income or value, the law of decreasing return is operating.
Explanation:
Improvements to land and structures eventually will reach a point at which there will have no positive effect on property values. As long as money spent on such improvements produces a proportionate or greater increase in income or value, the law of increasing returns is in effect.
At the point when additional improvement that bring no corresponding increase in income or value, the law of decreasing return is operating.
Answer: See explanation
Explanation:
1. The return on investment for Osaka will be:
= (816000/10200000) × (10200000 × 2550000)
= 32%
The return on investment for Yokohama will be:
= (3200000/32000000) × (32000000/16000000)
= 20%
2. See attachment
3. Yokohama’s greater amount of residual income is not an indication that it is better managed. Since Yokohama Division is bigger than Osaka Division, it's expected that Yokohama will have a greater residual amount.
Answer:
Option (B) is correct.
Explanation:
Producer surplus is defined as the difference between the current market price of a good and the amount or cost incurred by the firm to produced the good. If the producer will be able to get the higher price for a good than the full cost of production of that good then he will earn the producer surplus.
Graphically, the producer surplus is represented by the flat top.
