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Naddika [18.5K]
3 years ago
9

Which of the following is NOT an end goal of BOTH quality improvement programs and continuous process improvement? Select one: a

. Achieving a specific set goal b. Reducing errors and defects c. Improving efficiency d. Improving profits
Business
1 answer:
Mazyrski [523]3 years ago
8 0
<h2>Achieving specific set of goals does not come under Quality improvement programs and continuous process improvement.</h2>

Explanation:

Option B: Reducing errors and defects: Quality improvement means it includes avoiding / reducing errors too. The same can be considered as an improvement in the process too.

Option C: Improving efficiency: Continuous improvement should reflect the efficiency in improving performance and standards and thus enhancing the quality.

Option D: Improving profit: The ultimate aim to is have profit through quality product deliverable and continuous improvement in producing those. So Option D is valid

The given programs are not for achieving a specific goals. So Option A is invalid

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Answer:

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Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi
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Answer:

1. Margin = 0.32 or 32%

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1. Operating Margin = Net Operating Income / Sales

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Operating Margin = <u>0.32</u> (to 2 decimal places)

Operating Margin = <u>32%</u>

<u />

2. Turnover refers to sales or revenue made during a particular period. In which case turnover is <u>$19,000,000</u>

However, if the turnover referred to is the Operating Asset Turnover, that is calculated below:

Operating Asset Turnover = Sales / Average Operating Assets

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Return on Investment (ROI) = <u>17%</u>

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