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2 years ago

What are the two characteristics of a product or service that define quality?

Business

1 answer:

Nata [24]2 years ago

7 0

Answer: Design quality and process quality

Explanation: A product or service is performed through a set of actions, which define whether it is good or bad (quality). Therefore, it can be said that the quality of the product or service, comes from the ability of the organization to respond to the needs and expectations of customers satisfactorily. Designing the quality of the products is the route that the seller follows to satisfy all the needs of the client and the process used for this, which must be thorough to meet the expectations of the customers.

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Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est

exis [7]

Answer:

$364,980

Explanation:

Computation for the amount of under- or overapplied overhead for the year.

First step is to calculate the

Predetermined Overhead using this formula

Predetermined Overhead rate = Estimated overhead/direct labor estimated

Let plug in the formula

Predetermined Overhead rate= 358,900/227,000

Predetermined Overhead rate= 158% of direct labor cost

Now let determine the Overhead applied

Overhead applied = $231,000*158%

Overhead applied= $364,980

Therefore the amount of under- or overapplied overhead for the year is $364,980

4 0

3 years ago

What can an entrepreneur do to reduce risk?.

Oksana_A [137]

An entrepreneur can create a strong business strategy to reduce risk.

Entrepreneurs are the individuals who start new firms, taking on the majority of the risks and reaping the greatest gains. Entrepreneurship is the act of starting a business. The entrepreneur is typically thought of as an inventor who develops original ideas for products, services, businesses, and operational needs.

Creating a business strategy is one of the first actions that entrepreneurs may do to lower the risks associated with a new venture. Before beginning, one must determine how much time and money one will devote to their new venture. Market research should also be conducted. This provides insight into the likelihood that your new venture will succeed or fail.

Read more about entrepreneurs on:

brainly.com/question/28505555

#SPJ4

4 0

9 months ago

A stock has an average expected return of 10.1 percent for the next year. The beta of the stock is 1.45. The T-Bill rate is 5.5%

Aleksandr [31]

Answer:

The right solution is "4.55%".

Explanation:

Given that,

Expected return,

= 10.1%

Risk-free rate,

= 3.5%

Beta,

= 1.45

Now,

The market risk premium will be:

⇒ $Expected \ return=Risk-free \ rate+Beta\times (Market \ risk \ premium)$

⇒ $Market \ risk \ premium=\frac{Expected \ return-Risk -free \ rate}{Beta}$

By putting the values, we get

⇒ $=\frac{10.1-3.5}{1.45}$

⇒ $=\frac{6.6}{1.45}$

⇒ $=4.55$ (%)

3 0

2 years ago

What are the six stages of a business?

algol13

Stage 1 – The idea stage
Stage 2 – The start-up stage
Stage 3 – Growing pains
Stage 4 – The we’ve-opened-a-second-location stage
Stage 5 – The slow-down
Stage 6 – Retirement

7 0

2 years ago

Read 2 more answers

Explain how the legal, regulatory and ethical requirements relate to the business of selling or marketing

PIT_PIT [208]

<span>The scope of legal, regulatory and ethical requirements in a business consists of a range of procedures, actions and processes, which are designed to work within laws and regulations including ethical standards. These procedures are applicable to sales and marketing and the company has to ensure that these requirements are clearly understood and are up to date and truthful.</span>

6 0

2 years ago