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sattari [20]
3 years ago
14

When a business firm implements several programs to encourage prompt and courteous customer service, employee participation, and

better coordination with suppliers, it is making an effort to use:__________.
A) quality concern focus.
B) total quality management.
C) quality improved planning.
D) quality development.
E) quality commitment.
Business
1 answer:
vladimir1956 [14]3 years ago
4 0

Answer:

B) total quality management.

Explanation:

Total quality management is a method of management that focuses on every member of staff being committed to maintaining a high of work in every aspect of the business operations.

There is continuous improvement in the ability of the employees to provide quality service and performance.

In the given scenario - When a business firm implements several programs to encourage prompt and courteous customer service, employee participation, and better coordination with suppliers.

This is an effort to institute total quality management

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If accounts receivable turnover (credit sales/receivables) was 7.1 times last year compared to only 5.6 times in the current yea
Levart [38]

Answer:

A. Fictitious Sales in the Current Year

Explanation:

The Accounts receivable turnover is used to access a company's ability to make it debtor pay what they owe or ability to collect on the debts owed the company by customers.

Since the formula is Credit sales/ Receivables, a reduction in the accounts receivable turnover will mean an increase in receivables. The implication of this is that the Company is claiming that it is making more sales but since no cash or revenue is coming in, it is increasing the receivables instead. Large receivables will drive down the receivables turnover in the current period compared to the last.

If there are no fictitious sales, then sales should go up without a very sizeable increase in receivables at the end of the period.

3 0
3 years ago
Lee, a salesperson for Macro Corporation, learns that Macro will increase the dividend it pays to shareholders. Lee buys 1,000 s
Aleks [24]

Answer:

public before he bought the stock

Explanation:

The dividend is a sum of money paid by a company regularly to its shareholders out of its profits.

Insider trading refers to the illegal practice of trading on the stock exchange on having confidential information regarding the shares.

In this question,

Lee would not be liable for insider trading if the information about the dividend was public before he bought the stock.

8 0
3 years ago
Archaeologists found an ancient inca tomb under an ordinary home in which world capital?.
pickupchik [31]

An Ancient Inca tomb was founded by the archaeologists in the capital of Peru under an ordinary home.

<h3>Who were the archaeologists?</h3>

Archaeologists are the individuals who study the artifacts of historical eras and also excavate the sites that existed in the ancient era.

Archaeologists have found the tomb of the Inca civilization which was wrapped in cloth along with burials of ceramics and fine jewels of that time. It was a structure built over the time span of 500 years back. The tomb was one of the most prominent architects of the Inca civilization.

Therefore, the archaeologists found the tomb of the Inca Empire in the capital of Peru.

Learn more about the Archaeologists in the related link:

brainly.com/question/17472920

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8 0
2 years ago
Nikki, a supervisor in the local telephone company was swamped with work. She had schedules to write, reports to prepare, and pe
Ahat [919]

Answer:

"TQM is considered a customer-focused process and aims for continual improvement of business operations. It strives to ensure all associated employees work toward the common goals of improving product or service quality, as well as improving the procedures that are in place for production."

If she's skipping TQM training seminars she's not helping to ensure all associated employees, including her, toward improving product or service quality.

Reference: Barone, Adam. “How Total Quality Management (TQM) Works.” Investopedia, Investopedia, 15 Sept. 2019

8 0
3 years ago
Terms of trade refers to
lozanna [386]

Answer:

d. the prices at which trade occurs

Explanation:

Terms of trade is the ratio of export prices to import prices.

7 0
3 years ago
Read 2 more answers
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