Answer:
<u>a survey.</u>
Explanation:
The best research method that Nina could use for this purpose would be a survey.
This research method can be defined as an investigative research method, questionnaires are generally used to collect data and information, which is carried out based on the opinions of individuals or groups.
This is a research method that uses statistical techniques to find a result that represents a specific population.
The quality certification that deals primarily with conformance to customer requirements is ISO <u>9000</u>; ISO <u>14000</u> is concerned primarily with the organization's effect on the environment.
<u>Explanation:</u>
A collection of global quality management and quality assurance standards designed to help businesses efficiently document the components of the quality system required to maintain an effective quality system, understood as ISO 9000. These are not industry specific, and can be extended to organizations of any scale.
The collection of specifications for environmental management generated and published by the International Organization for Standardization is known as ISO 14000 principles, which offer guidelines or structure for organizations seeking to systematize and develop their initiatives in environmental management.
Answer:
0.32 %
Explanation:
Demand is the quantity that buyers are able & willing to buy, at a particular price & period of time. It is inversely related to price, as per law of demand.
Demand function is a regression equation that shows the relationship between dependent variable (demand) & independent variable (price)
Q = A - BP
where Q = Demand, A = Autonomous Demand, P = Price, B = Change in demand per unit change in price
Change in Quantity = B x Change in Price
Example : Considering Q = 50 - 0.5 P
Q {At previous P} = 50 - 0.5 (8.6) → = 50 - 4.3
= 45.7
Q {At new P} = 50 - 0.5(8.3) → = 50 - 4.15
= 45.85
Change in Quantity = 45.85 - 45.7 → = 0.15
Alternative Method : ΔQ = B x ΔP → = (0.30) x (0.5) → = 0.15
Percentage Change in Quantity = [Change IN Quantity / Old Quantity] x 100
[ΔQ/Q] x 100 → = [0.15 / 45.7] x 100 → = 0.32 %
The asset turnover = 1.84
<u>Explanation:</u>
Asset Turnover = Sales / Average total assets
First, we will calculate average total assets as below:
Average total assets = Beginning assets + Ending assets / 2
Beginning assets = assets on 12/31/2014 = $65173
Ending assets = assets on 12/31/2015 = $100676
Average total assets = = = $82924.5
Sales / Revenue = $152633
Now, putting these values in the asset turnover formula, we get,
Asset Turnover = Sales / Average total assets
Asset turnover = = 1.84