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Andru [333]
3 years ago
6

A successful total quality management (TQM) program requires

Business
1 answer:
Nata [24]3 years ago
8 0

Answer:

Breaking down barriers between functions

Explanation:

Total quality management is a management approach to getting all employees committed to improving processes , products and services towards achieving a customer satisfaction and growth success into a foreseeable future.

One key requirement towards achieving this is breaking down barriers between functions as development of new products calls for efficient planning to deliver customer satisfaction and employees in different functions and department also have to work together to anticipate problems that could impair quality of products.

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A(n) ________ is a favorable set of circumstances that creates a need for a new product, service, or business.
Natasha_Volkova [10]
I think it’s scheme
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2 years ago
Within economics, the theory of scarcity says that there are unlimited wants and a finite amount of resources. However, history
nika2105 [10]

Answer:

According to the economists, the resources are scarce and human wants are unlimited. So, it is difficult to satisfy each and every want of people. But according to the theory of abundance, we can overcome from this problem by division and specialization of labor. If there is a proper division of labor according to their specialization then this will increase the productivity and one can produce more goods with the same level of resources.

From this economic practice, we can overcome from the problem of scarce resources.

8 0
3 years ago
What is morale?<br> I really need help with this
DanielleElmas [232]
Morale means confidence, enthusiasm, and discipline of a person or group at a particular time.
6 0
2 years ago
Agee Storage issued 33 million shares of its $1 par common stock at $21 per share several years ago. Last year, for the first ti
Tpy6a [65]

Answer:

$23 million

Explanation:

Calculation to determine at what amount will Agee’s total paid-in capital decline

First step is to calculate the Cash paid for the first repurchase

Cash paid for the first repurchase = 1 million * 19

Cash paid for the first repurchase = $19 million

Second step is to calculate the Value of first purchase

Value of first purchase = 1 million * 21

Value of first purchase = $21 million

Third step is to calculate the Benefit on first repurchase

Benefit on first repurchase = 21 million - 19 million

Benefit on first repurchase = $2 million

Fourth step is to calculate Cash paid for second repurchase

Cash paid for second repurchase = 1 million * 24

Cash paid for second repurchase = $24 million

Fifth step is to calculate the Value of second purchase = Reacquired shares * Common stock price

Value of second purchase = 1 million * 21

Value of second purchase = $21 million

Last step is to calculate the Decline in total paid-in capital using this formula

Decline in total paid-in capital= Benefit on first repurchase + Value of second purchase

Decline in total paid-in capital = 2 million + 21 million

Decline in total paid-in capital = $23 million

Therefore what amount will Agee’s total paid-in capital decline is $23 million

8 0
2 years ago
You buy a 6% coupon $1,000 par T-bond 59 days after the last coupon payment. Settlement occurs in two days. You become the owner
AfilCa [17]

Answer:

dirty price: 1,225.39

Explanation:

When we purchase the bond, we are paying the bond and the accrued interest

<em>bond price:</em> 1,000 x 120.59375/100 = 1,205.9375‬ = 1,205.94

accrued interest at purchase:

face value x bond coupon rate x time

1,000 par value x 6% x 59/(59+2+121) =

1,000 x 0.06 x 59/182 = <em>19,45</em>

Total amount for the bonds: 1,205.94 + 19.45 = 1,225.39

4 0
3 years ago
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