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Vladimir79 [104]
3 years ago
5

The coordination of efforts directed at improving customer satisfaction, increasing employee participation, improving supplier p

artnerships, and facilitating an organizational atmosphere of continuous quality improvement is known as:___________.
1. a quality concern focus.
2. total quality management.
3. total quality development.4. total quality commitment.5. quality improvement planning.
Business
1 answer:
nevsk [136]3 years ago
4 0

<u>Answer: </u>Option 2

<u>Explanation:</u>

Total quality management is a strategy that is used by the business to reduce the errors by identifying them. The main aim of the strategy is to maintain the quality of the business. The efforts that is taken to improve customer satisfaction, increasing employee participation, improving supplier partnerships, and facilitating an organizational atmosphere of continuous quality improvement is called as Total quality management.

The overall final product or service delivered quality has to be perfect in this strategy. It is one of the success strategy that many organisations use.

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Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the
artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank     $50,000

Cr: Short Term Loan     $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense    $1,333.33

Cr: Accrues Interest Expense     $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

8 0
3 years ago
Kentucky Fried Chicken claims that 90% of its orders are delivered within 10 minutes of the time the order is placed. A sample o
PtichkaEL [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
4 years ago
The following information is available for Trinkle Company for the month of June:
atroni [7]

Answer:

Following are the solution the given question:

Explanation:

                                    \text{Trinkle Company}\\\\             \text{Bank Reconciliation Statement(Partly)}\\\\                     \text{As on June 30}

\text{Balance as per Bank statement}  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                  \$56,193\\\\\text{Add : deposit in transit} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                        \$2,350\\\\

                                                                          \$58,543

\text{Less: Outstanding Checks} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                                               \$4,862\\\\\text{Adjusted Bank Balance} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                                                   \$53,681\\\\

\text{The true cash balance on June 30 is}         \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \          \$53,681

   

7 0
3 years ago
Justin is a sales executive at a manufacturing company. One of his clients who purchases products from him at a higher price tha
Dafna11 [192]

Answer:

The correct answer is option D.

Explanation:

An ethical dilemma can be defined as a situation in the decision-making process in which whatever decision is chosen some ethical principle is being compromised.  

Out of two moral choices, neither one is unambiguously preferable or acceptable. The situation becomes complex as choosing one alternative will lead to transgression of another.

6 0
3 years ago
On a production possibilities curve, where would a society dealing with unemployment be producing?
dezoksy [38]
Unemployment willl cause the production possibilities to shift inwards, so I the answer would be option A.
During massive unemployment period, production possibilities will heavily decrease due to the lower amount of capital and the lower amount of consumers for that potential product (which happen because the consumers lose a lot of its purchasing power). This situation will cause the curve to move inwards.
3 0
3 years ago
Read 2 more answers
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