Quality is used to assesses the dimension of the products for reaching its fame among customers.
<u>Explanation:</u>
- The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.
- Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance, price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
Answer:
In the wrong column, Lupe recorded her paycheck. She had forgotten to report one of her purchases too.
Explanation:
As we can see in the picture that Lupe recorded her paycheck in the wrong column.
Moreover, She had forgotten to report one of her purchases too.
By this mistake, Lupe recorded balance was off by $43 and she thinks the same that she made a mistake while recording the transactions with respect to purchasing, deposits, paycheck, etc
Answer:
The correct answer is operational structure.
Explanation:
The business supply chain is the organizational structure that allows the client-supplier integration through the departments, areas and functions that generate and transform a good or service, to be delivered to an end customer according to consumer requirements and standards of the market.
In organizations the supply chain integrates the functional areas:
- Storage of raw material, supplies, equipment, spare parts, inventory in process and finished product.
- Transportation and distribution of raw material from suppliers; from raw material to commercial customers and final consumers; team, technology and human resources.
- Innovation and supply planning; integrates demand gliders, operation training, input resources, raw materials. It includes activities related to purchases, negotiation and payments to suppliers.
- Areas that manage relationships with third parties for outsourced specialized service providers.
Answer:
3.83 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
It is a capital budgeting technique that doesn't account for the time value of money.
Payback period = Cost of asset / cash flows
$92,000/ $24,000 = 3.83 years
I hope my answer helps you
Answer
Some of the hindrances of rational decision maker by managers are;
• Cognitive biases
• Time pressure
• Group conflict
Explanation
Decision making process is controlled by an individual’s personality and behavioral traits. Objective judgments by managers can be disrupted by subjective biases. Cognitive biases such as halo effect and overconfidence can act as a barrier to rational decision making.
Time pressure can distort the process of making a rational decision thus resulting to less objective individual judgment which is influenced by intuition. Managers with ample time arrive at a more logical and highly crafted decision than those who feel they have insufficient time.
Both interpersonal and group dynamics can create a barrier towards making an effective decision.
