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3 years ago

Describe the similarities and differences between TQM and Six Sigma quality-management techniques.

Business

1 answer:

hoa [83]3 years ago

6 0

Answer:

Explained below:

Explanation:

The basic similarity between TQM and Six Sigma quality-management techniques is that each one is a quality control approach and the basic difference between Six Sigma and TQM is the method that each one addresses quality check.TQM determines quality up to that level to which a product attends standards designed inside the company while Six Sigma trades the representation of quality to a relational one, maintaining that quality is based on the fewer number of lacks, which is necessary to be eliminated as much as attainable.

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Perfect competition is characterized by Group of answer choices many buyers and few sellers. many buyers and many sellers. few b

algol13

Answer:

Many buyers and many sellers

Explanation:

Perfect competition occurs in a market where we have a large number of buyers and sellers selling the same products with no restriction to information and minimum governmental influence.

Its characteristics include many buyers and sellers , undifferentiated products ,no barrier to entry and exit .

It does not allow excess profit as companies make just adequate profit to say afloat in business.

It is used as a standard for real life market.

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3 years ago

Goodwin Ross Mid Cap Growth is a fund that lets its investors buy ownership in a market basket that contains different securitie

KIM [24]

Answer:

exchange-traded fund

Explanation:

Goodwin Ross Mid Cap Growth is an investment company that offer their clients different set of portfolios to invest their clients’ money. According to the information the Goodwin Ross Mid Cap Growth is an exchange-traded fund company that invests in different portfolios such as stocks, commodities and bonds in the financial market similar to the composition of the Dow Jones.

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3 years ago

Tullius Corporation has received a request for a special order of 8,000 units of product C64 for $50.00 each. The normal selling

levacccp [35]

Answer:

Incremental operating income = $71,400

Explanation:

Unit variable cost = 18.10 + 7.4+ 5.20 + 5 = $35.7

Note that the $5 additional variable cost was necessitated by the special order , hence it was added

Sales from special order = ( 8,000× $50) 400,000

Variable cost ( 8,000 ×× $35.7 ( 285600 )

Cost of special machine <u> (43,000)</u>

Incremental operating income <u> 71,400</u>

Incremental operating income = $71,400

Note that the fixed costs were not considered in the analysis , this simply because they are not relevant to the special order decision.. They would be incurred either way, whether the special order is accepted or not

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3 years ago

Q: Research topic: CORONA-19: Asian stock markets and vaccine hopes

maksim [4K]

Answer:

Asia-Pacific markets traded mixed on Friday as investors remained cautious over the short-term economic impact of the coronavirus as cases around the world continue to rise.

Explanation:

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3 years ago

Which economic term is considered a resource?

choli [55]

Answer:

Classification of Economic Resources

Explanation:

Classical economics recognizes three categories of resources, also referred to as factors of production: land, labor, and capital.

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3 years ago