1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zubka84 [21]
3 years ago
12

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its rela

tionship with the customer, with a focus on continuous improvement in the quality delivered to customers is ________.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
8 0

Answer:

Total Quality Management (TQM)

Explanation:

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is <u>Total Quality Management (TQM)</u>

Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.

There are several tools used in total quality management (TQM):

  • Continuous improvement.
  • Six Sigma.
  • Employee empowerment.
  • Benchmarking.
  • Just-in-time.
  • Taguchi concept.
  • Knowledge of TQM tools.
You might be interested in
If happiness was money, what would your job be?​
lawyer [7]

Answer:

Being appreciated by people.

7 0
3 years ago
Read 2 more answers
You are a senior manager at a large consumer goods company. The company president has noticed that recent college graduates and
Talja [164]

Answer:

mentor

Explanation:

According to my research on business roles and responsibilities, I can say that based on the information provided within the question  the president realizes that you are acting as a mentor to junior employees. This is defined as a person has an expertise in a certain area, and gives advice or trains another individual (usually younger than you). This is what you seem to be doing with the younger employees that gravitate towards you for advice.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. one
DedPeter [7]

Economic profit is calculated as:

Economic profit = Total Revenues – Total Cost

Total cost both includes explicit and implicit cost. In this case, the explicit cost is $8,000 while the implicit cost is $64,000. Explicit cost is a direct payment made to run the business while implicit cost is the opportunity as accountant that is lost. Therefore,

Economic profit = $150,000 – ($8,000 + $64,000)

<span>Economic profit = $78,000</span>

6 0
4 years ago
During the deep recessions of the early 1980s and of 2007-2009, unemployment reached roughly __________.
RUDIKE [14]

when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.

<h3>what was the unemployment rate in 2007-2009?</h3>

after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.

this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.

options for this question include:

A. 10%. B. 20%. C. 30%. D. 40%.

find out more on the recession of 2008 at

#SPJ1

5 0
2 years ago
A stockbroker predicts whether a stock will go up or down by tossing a coin and so has a 50% chance of making a correct predicti
kolezko [41]

Answer:

A skilled  broker will be right at  60% of time compared to 50%

Explanation:

Solution

Given that:

Now,

Let X  be represented as = number of correct predictions/outcomes

X foll binomial distribution with n = 3 and p = 0.5 for broker who use a toss coin

Thus,

P(X = 3) = p^3 = 0.5^3 which gives us  = 0.125

So,

For a skilled broker, Y goes with the binomial distribution with n = 3 and p is = 0.6

Then,

P(Y = 3) = 0.6^3 = 0.216

We can therefore conclude who is skilled broker by making large number of observations

Hence, we say that a skilled broker will be correct 60% of time compared to 50% .

8 0
3 years ago
Other questions:
  • Marci spends 8 hours researching and writing a 26​-page report for her philosophy class. Jack brags that he has a​ "streamlined
    8·1 answer
  • Gvb inc., a consulting firm, hires zainab, who is a muslim. in order to avoid discriminating against zainab based on her religio
    14·1 answer
  • Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following informa
    15·1 answer
  • Which of the following statements is correct with respect to a limited partnership?
    6·1 answer
  • HELP I AM CONFUSED!!!
    9·1 answer
  • Practice of a skill that is spread out over several sessions is known as _____ practice
    6·1 answer
  • Which reasons can be fixed by having a money plan?
    15·1 answer
  • A history graduate student in the United States gets an $18,000 stipend per year. The U.S. sees significant inflation. How might
    13·2 answers
  • One way of discovering a great career is knowing what you love to do. the second part is knowing
    7·2 answers
  • Q2. Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!