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mojhsa [17]
3 years ago
12

Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod

uct. These steps help guarantee that each knife has the same degree of quality over time, which is known as _______.a.product designb.product differentiationc.consistency of qualityd.level of qualitye.product modification
Business
1 answer:
solmaris [256]3 years ago
5 0

Answer:

Consistency of quality

Explanation:

Consistency is very crucial to deriving customer satisfaction. Customers have to be provided with better and improved products of services if you want to ensure their continued patronage.

Inorder to ensure consistency, you have to look into setting up quality management systems into your business operations.

Quality management system (QMS) can be reffered to as the formal process of reviewing and documenting the procedures, products, services, and responsibilities of a business inorder to achieve your business goals and objectives. This process also allows you to find out the areas in your business that need improvement.

Quality management is designed to manufacture highly-consistent, quality products that would meet up to the customer and regulatory requirements.

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In a fractional-reserve banking system, an increase in reserve requirements__________.
juin [17]

Answer:

b. decreases both the money multiplier and the money supply.

Explanation:

An increase in reserve requirements will decrease the money supply in the economy. This is because, banks and other financial institutions will have lower excess reserves to lend out to the public hence decreasing the overall amount of borrowing . Based on money multiplier, the explanation is based on the following equation;

Money multiplier = 1/ required reserve , if the required reserve increases then the fraction will be smaller. Therefore, the money multiplier will decrease too.

8 0
3 years ago
Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500
pentagon [3]

Answer:kindly check attached picture for details

Explanation:

Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of the merchandise is $3,000. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.

6 0
3 years ago
Typically, B2B buyers ask potential suppliers to (A) write the RFP for the buyer.(B) submit formal proposals.(C) sponsor intervi
Anon25 [30]

Answer:

B is the correct answer.

Explanation:

Business proposals are formal written statements made on a customer's inquiry. It can also be called as a report in which a seller describes how the business can best fulfill the needs of a customer and includes a detailed manner what the company has to offer, what the company can provide and how it can match to the buyers request and why your product is the best choice for the buyer.

It is written as a response to Request for Proposal (RFP). Request for proposal is written to request goods and services. The various sections of a business proposal are cover letter, title page, table of contents, Executive summary, procedures.

4 0
3 years ago
Why is it important to create a goal that is measurable?
Tom [10]

It is A. So that I know whether I have identified potential barriers

5 0
3 years ago
Abbott Inc. owns 30% of the outstanding voting shares of Berta Inc. On the date of acquisition, the fair value of Berta's equipm
Vitek1552 [10]

Answer: During the year after the acquisition, the undervalued equipment will exceed Abbott's investment revenue by $1,200.

Explanation:

Multiply the amount exceeded of its carrying value by the % shares owned by Abbott.

Then divide the result by the useful life value of Barta's equipments

= (20,000 x 30%) / 5

= $1,200

3 0
3 years ago
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