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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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Smaller women like to purchase fashionable clothes just as much as any women. However, most clothes are not proportioned for the
Zina [86]

Answer:

e) Market segment

Explanation:

A market segment is defined as the collection of people or individuals sharing some common characteristics.

These individual grouped together for the purpose of marketing.

Based on the various criteria each market segment is unique.

Marketers and the producers use market segments to target market for their service.

7 0
2 years ago
Prompt<br> What are the factors of production? Government online class !?!
Feliz [49]
<h2>There are 4 factors of production.</h2>

Explanation:

1. Land factor:

  • Land is the most important factor to fetching revenues for the country.
  • Example: Natural resources oil, gas, etc are taken out from the land
  • The various forms of land starts from agriculture to real-estate

2. Labor as factor

  • It is the effect taken by individual to create, sale and manage product.
  • It covers individual right from the workers of the building to the manager of the organization.

3. Capital as factor

  • It is the indirect component
  • It is the base for buying raw materials, process and create product

4. Entrepreneurship as a Factor

  • A secret ingredient of factors of production
  • Example: Social media
4 0
3 years ago
A five-year bond has a par value of 1000, a coupon of 3%, and a required yield of 5%. What should be the market price of this bo
Dmitrij [34]

Answer:

The market price of the bond is $913.41

Explanation:

The coupon payment is annual, meaning it is being paid once a year.

N(Number of years/Number of periods) = 5

I/Y(Yield-To-Maturity) = 5 percent

PMT(coupon payment) = $30 [(3/100) x $1,000]

FV(Future value/Par value) =$1,000

PV(present value or market value) = ?

Now to solve this, lets use a financial calculator (e.g Texas BA II plus)

N= 5; I/Y = 5%; PMT = $30; FV = $1,000; CPT PV = -$913.41

Therefore, the market price of the bond is $913.41

4 0
2 years ago
Which is not a reason why a company might decide to set up facilities in another country
olga_2 [115]

The Correct answer is B "TO INCREASE TARIFFS" Tariffs are a tax that a country puts on goods imported, that means if you moved to a different country your company would have to pay the tariffs, so to combat the price of tariffs, and why they moved in the first place, the rest of the answers would be correct. Because it must be cheaper.

7 0
3 years ago
A ____________ approach to solving the recession in this example would have no uncertainty regarding the attainment of the short
Ksju [112]

Answer:

monetarist approach                            

Explanation:

Monetarism relates to the school of thought that prioritizes the function of government agencies in regulating the number of resources in circulation in monetary economics. Monetarist theory argues that differences in the currency supply have significant short-term and longer-term impacts on federal output and price rates.

If a country's money supply decreases, business activity will rise, as per monetarist theory; the opposite is also correct. The monetarist philosophy is driven by a standard equation, MV= PQ, in which M will be the money supply, V is just the pace and P refers to the price of commodities, and Q is the sum of commodities.    

5 0
3 years ago
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