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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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Suppose the economy is operating at an output of $4,000 billion. Assume furthermore that potential output is $5,000 billion and

motikmotik

Answer:

The correct answer is $250 billion.

Explanation:

An economy is operating at an output level of $4,000 billion.

The potential output level is $5,000 billion.

The marginal propensity to consume is 0.75.

The recessionary gap is

= $5,000 billion - $4,000 billion

= $1,000 billion

ΔY = $\frac{1}{1-MPC}\times \Delta G$

$1,000 = $\frac{1}{1-0.75}\times \Delta G$

$1,000 = $\frac{1}{0.25}\times \Delta G$

$1,000 = $4 \times \Delta G$

ΔG = $\frac{1,000}{4}$

The change in income required to correct this recessionary gap is $250 billion.

7 0

3 years ago

Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron

Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>

A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
The structure of multinational corporations is described by an alternative use of the phrase.
International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.

Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

Know more about multidomestic strategy with the help of the given link:

brainly.com/question/14989951

#SPJ4

4 0

1 year ago

32. Peter must decide if he should add one more dog to his dog-walking business. What is this decision an

KengaRu [80]

Answer:

Explanation:

b. thinking at the margin

i think because is is asking for what decision it is

hope this helps some

3 0

3 years ago

State licensing helps ensure that professionals

Bingel [31]

Answer:

are qualified in there industry

Explanation:

that's what my quiz said was right

7 0

3 years ago

Suppose the comparative balance sheets of Windsor, Inc. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in m

umka2103 [35]

Answer:

since there is not enough room here, I prepared the comparative balance sheets on an excel spreadsheet.

Explanation:

WINDSOR, INC.

May 31 2017 2016

($ in millions)

Assets

Current Assets $9,520 $8,720

Property, plant, and equipment (net) $2,010 $1,870

Other assets $1,550 $1,610

Total assets $13,080 $12,200

Liabilities and Stockholders' Equity

Current Liabilities $3,210 $3,320

Long-term liabilities 1,210 1,290

Stockholders' equity 8,660 7,590

Total liabilities and stockholders' equity $13,080 $12,200

Download pdf

4 0

3 years ago