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Svetllana [295]
3 years ago
9

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general m

essage about what it took to achieve outstanding quality. Which of the following was not part of that message?A. Quality is not free
B. Leadership from senior management
C. Customer focus
D. Total involvement of the workforce
E. Continuous improvement
Business
1 answer:
Nataly [62]3 years ago
7 0

Answer:

The correct answer is A. Quality is free.

Explanation:

Deming's main interest was the application of statistical techniques since he was trained in the group of Walter Shewart, who developed the methods of statistical quality control (SQC). It was Deming who introduced the statistical quality control methods in Japan after World War II, and which underpin Kaoru lshikawa's approach to total quality control.

His proposal is the basis for the transformation, adoption and performance of the administration applied both in small and large organizations, whether they are services or dedicated to the manufacture of goods, these are known as the Deming philosophy for quality .

The thinking of Juran, as well as that of the other quality philosophers, is focused on ensuring that companies achieve and maintain quality leadership, define the roles of senior managers to lead their companies towards that objective and dispose of the means to be used by managers for that leadership.

Juran bases his theory on quality on the observations made to the Japanese and their strategies used, which included:

• Senior management occupation

• Training for all functions and at all levels

• Quality improvement at a continuous and revolutionary rate

• Participation of the workforce through quality control circles

The evaluation of the characteristics of the product begins by asking customers how they evaluate quality; and the task of senior managers will be to ensure that company manuals and information include clear definitions of the word quality.

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Burnwood Tech plans to issue some $80 par preferred stock with a 7% dividend. A similar stock is selling on the market for $95.
anyanavicka [17]

Answer:

6.20%

Explanation:

Calculation for the cost of the preferred stock

First step is to calculate the Annual Dividend Payment on Preferred Stock

Annual Dividend Payment on Preferred Stock = [7% * $80]

Annual Dividend Payment on Preferred Stock = $5.60

Now let calculate the Cost of Preferred Stock using this formula

Cost of Preferred Stock = [Preferred Stock dividend / Market Price of

Preferred Stock (1-Flotation cost)]

Let plug in the formula

Cost of Preferred Stock = [($80 * 7%) / $95(1-0.05)]

Cost of Preferred Stock = [$5.60 / $95 (0.95)]

Cost of Preferred Stock = [$5.60 / $90.25]

Cost of Preferred Stock = 0.0620*100

Cost of Preferred Stock = 6.20%

Therefore the cost of the preferred stock is 6.20%

8 0
2 years ago
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d
kupik [55]

Answer: C) and D) answers.

Explanation: The rental market must have a free operation, that is, supply and demand have to set their price level, especially since, in this case, the product is not fungible, that is, it is not interchangeable. Each floor varies in location, number of square meters, construction qualities, etc. You cannot set a fixed reference price. Another of the most repeated consequences by experts is that the limitation will cause a reduction in supply, but demand will not go down, which will necessarily lead to greater tension in rental prices.

7 0
3 years ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
Darina [25.2K]

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is.  When demand is more elastic then a fall in price will be less when supply increases.

7 0
3 years ago
The only expenses that can be reduced in order to produce more savings are ""Non-essential Expenses"" and ""Essential (Variable)
Y_Kistochka [10]

Answer:

The statement is false

Explanation:

Non- essential expense is the expense which is spent on the extra things, which means it is not essential to meet the needs. Whereas the essential expense are those expenses which are spend on consuming the things required for living. For example food, cloth.

So, both the expenses are those expense which are necessary for an individual or person and therefore, cannot be reduced in order to produce the more savings.

8 0
3 years ago
Read 2 more answers
Suppose that in the market for loanable funds, the governement is currently running a deficit, and net exports are negative. The
balu736 [363]

Answer:  4. Demand will shift inwards, lower rates and decreasing lending.

Explanation:

People demand loanable funds for spending on consumption and investment. If there is a recession, people will buy less goods and companies will invest less as well.

This will reduce the demand that people and companies have for loanable funds. The demand will therefore shift inwards to the left and lead to lower rates and decreased lending.

5 0
3 years ago
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