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Vadim26 [7]
3 years ago
9

What are corrective actions, how does the project manager know that corrective action is needed, how are the root causes of corr

ective actions determined, how is the effectiveness of a corrective action measured, and what happens if the necessary corrective action is not performed in a timely fashion
Business
1 answer:
Mars2501 [29]3 years ago
4 0

Answer:

1. Corrective actions are actions executed to prevent occurrences of an identified hazard or to prevent the recurrence of an issue. Corrective actions may also question and seek proper handling of a weakness identified in a safety management system.

2. Project managers employ corrective actions when a specific task or project may have lost focus or somehow deviated form the pre-specified direction it was intended to take.

3. The root causes of corrective actions are determined by confirming the identified root cause causes. Basically, a corrective action should correspond to the root cause identified earlier in order to eliminate the real root cause and prevent recurrence of the problem.

4. Verifying the effectiveness of corrective and preventive actions (CAPAs) closes the gap between identifying a problem and completing the actions to solve it. It is reasonable to assume that if a problem is worth solving, it's also worth verifying that the solution worked.

5. It could result to total loss in product or a ruin in the normal sequence of an existing system

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The impact of Inequality on businesses<br>​
ivanzaharov [21]

Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.

Explanation:

3 0
3 years ago
If making your family and friends a priority is important to you, you value
Kay [80]

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

5 0
2 years ago
Lantz Company has provided the following information: • Cash sales totaled $255,000. • Credit sales totaled $479,000. • Cash col
NNADVOKAT [17]

Answer:

The amount of Lantz's operating revenue is $734,000

Explanation:

The computation of the operating revenue is shown below:

= Total cash sales + Total credit sales

= $255,000 + $479,000

= $734,000

Since we have to compute the operating revenue, so we considered only revenue part not expenses part

The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.

3 0
3 years ago
I'm 16, and i'm trying to job shadow a cop in Indianapolis, Indiana. And I don't have much any idea on how to start, any though?
Angelina_Jolie [31]
Start with a resume and if you have any previous jobs should be listed to your interviewer (things such as lawn mowing or babysitting counts). If here is a department of labor in your area then you should contact them and they will help you find a job ( It's part of their job to help people find a job anyways).
6 0
3 years ago
If a company receives $12,000 from the stockholders to establish a corporation, the effect on the accounting equation would be:_
Darina [25.2K]

Answer:

The correct answer is option A

Explanation:

A receipt of cash indicates an increase in cash which is an asset. When an asset increases, it is represented by a debit to that asset's account and the asset side of the accounting equation is also debited. Thus, a receipt of $12000 cash from stockholders will be represented by a debit or an increase to the asset account for $12000.

The other side of the transaction would be a credit to the equity for $12000 because the stockholders are the owners of the company and any capital invested by the owners in the company is represented by a credit to the equity account as the capital is credited when it increases. Thus, the effect on accounting equation will be an increase in the equity of $12000.

4 0
3 years ago
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