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egoroff_w [7]
3 years ago
12

Managers who practice total quality management_______(A) invest more resources at the front end of the value chain in research a

nd development and design to produce a superior product.(B) invest more resources in inspecting and repairing products once they are produced.(C) practice both A and B.(D) practice neither A nor B.
Business
1 answer:
kirza4 [7]3 years ago
8 0

Answer:

The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.

Explanation:

Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

You might be interested in
Which of the following is a fundamental goal of CRM systems? a. To produce and deliver a product or service at the time the cust
frutty [35]

Answer:

The correct answer is letter "C": To manage and track customer interactions.

Explanation:

Customer Relationship Management (CRM) is a managerial approach that uses Information Technology (IT) to store, analyze, and use customer information to find out trends in consumption and generate a better relationship with clients. CRM is a key component in the pursuit of engaging customers with a brand that allows corporations to maintain steady sales levels or increase it.

CRM allows sharing and maximizing the knowledge of clients to understand their needs and anticipate them.

5 0
4 years ago
The contribution margin ratio is 25% for Crowne Company and the break-even point in sales is $260,000. If Crowne Company's targe
AlekseyPX

Answer:

sale is $4000

Explanation:

given data

margin ratio = 25%

sales = $260,000

operating profit = $66,000

solution

we get here Break even sales that is express as

Break even sales = Fixed expense ÷ Contribution Margin Ratio    ...........1

put here value

$260,000 = Fixed Expenses ÷ 25%

Fixed Expenses = $65000

so here we consider sale is = x

we know net income is express as

Net Income = Contribution - Fixed Expenses   ................2

so Contribution = 25% x

put value in equation 2

25% x  - $65000 = $66,000

solve it we get

x = 4000

so sale is $4000

4 0
3 years ago
The last time she went to the dentist, Laura did not feel she had received good enough service for her money. ______ would say t
vfiekz [6]

Answer: d. Equity theory

Explanation:

EQUITY THEORY was first developed in 1963 by John Stacey Adams who was a workplace and behavioral psychologist.

It was first developed to explain that employees seek to have EQUITY between what they put into a job and what they get out i.e, whether they are being fairly compensated.

Broadly speaking however, it can also apply to this situation as it attempts to explain satisfaction in terms of PERCEIVED FAIRNESS. In other words, people are more satisfied in terms of transactions if they feel as though they got a FAIR and EQUITABLE result for the transaction.

4 0
3 years ago
Sarratt Corporation's contribution margin ratio is 70% and its fixed monthly expenses are $38,000. Assume that the company's sal
Ahat [919]

Answer:

The company's net operating income for May is $7,930

Explanation:

Sales revenue = $97,000

Variable costs

= $97,000 × (1 - 70%)

= $97,000 × 0.69

= $66,930

Fixed costs = $38,000

Therefore, net operating income = Sales - revenue - variable cost - fixed cost

= $97,000 - $66,930 - $38,000

= $7,930

3 0
3 years ago
The management of Osborn Corporation is investigating an investment in equipment that would have a useful life of 8 years. The c
motikmotik

Answer:

$80,800

Explanation:

Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive

Using this formula

Annual cash flows = Negative net present value to be offset ÷ Present value factor

Let plug in the formula

Annual cash flows = $401,414 ÷ 4.968

Annual cash flows = $80,800

Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800

4 0
3 years ago
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