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4 years ago

A successful total quality management (TQM) program requires

Business

1 answer:

Nata [24]4 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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Match each situation with the term that best describes it. Use each term only once.

Dmitry [639]

Answer:

1. One of your subordinates only seems to respond to threats of punishment. What type of power should you use to motivate him?

h. Persuasive power

2. You manage a difficult subordinate who only cooperates when she feels that you have the formal authority to ask her to do something. What type of power should you use to motivate her?

b. Legitimate power

3. One of your subordinates looks up to you as a role model. What type of power should you use to motivate her?

a. Personal power

Explanation:

In any given situations there are different incidents that would require someone to apply different power in-order to manage the situation. This could be in form of motivation or deterrent method during the application of the power.

For example, in the case of the subordinate looking up to you as a role model, you should apply personal power in-order to motivate the person. the personal power will help you to build personal relationship between the subordinate and you.

7 0

3 years ago

Seven years ago the Templeton Company issued 21-year bonds with a 12% annual coupon rate at their $1,000 par value. The bonds ha

Ymorist [56]

Answer:

Yield to Call: 12.68%

Explanation:

We will calculate the YTC

To do so we will list on exce lthe cash flow for the bond life:

0 -1000.0 (purchased at face value)

1 120.00 (coupon payment: 1,000 x 12%)

2 120.00

3 120.00

4 120.00

5 120.00

6 120.00

7 1190.00 (1,70 call price + 120 coupon payment)

below the cash flow we enter the IRR function and select the cash flow

this will give us the YTC: 0.126795

There is another way to calcualte the YTC but is done by approximation and is not an exact answer:

$YTM = \frac{C + \frac{P-F}{n }}{\frac{F+P}{2}}$

Coupon value = 120

Face value = 1,000

P = call = 1,070

n= 7 years

Result: 12.5603865%

as notice this differs with the excel answer as it is an aproximation nto an exact answer.

7 0

3 years ago

You hold a diversified portfolio consisting of a $10,000 investment in each of 20 different common stocks (that is, your total i

jenyasd209 [6]

Answer:

new beta of the portfolio= 1.235

so correct option is b. 1.235

Explanation:

given data

investment = $10,000

common stocks = 20

total investment = $200,000

portfolio beta = 1.2

sell one stocks beta = 0.7

sell = $10,000

purchase another stocks beta = 1.4

to find out

What will be the beta of the new portfolio

solution

we first find increment in beta that is express as

increment in beta = investment × ( purchase stocks beta - sell stocks beta) ÷ total investment .............................1

put here value we get

increment in beta = $\frac{10000*(1.4-0.7)}{200000}$

increment in beta = 0.035

new beta of the portfolio will be

new beta of the portfolio = 1.2 + 0.035

new beta of the portfolio= 1.235

so correct option is b. 1.235

3 0

3 years ago

Equipment was sold for $50,000. The equipment was originally purchased for $85,000. At the time of the sale, the equipment had a

Archy [21]

Answer:

Loss= $5,000

Explanation:

Giving the following information:

Selling price= $50,000

Purchase price= $85,000

Accumulated depreciation= $30,000

First, we need to calculate the book value:

Book value= Purchase price - Accumulated depreciation

Book value= 85,000 - 30,000 = $55,000

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= selling price - book value

Gain/loss= 50,000 - 55,000

Loss= $5,000

3 0

3 years ago

What are examples of short-term goals? Check all that apply.

Zolol [24]

Answer:

the right answer is Aden wants to get a summer job during his school vacation.

Explanation:

short-term goals are those that are aimed at meeting monthly

6 0

3 years ago

Read 2 more answers