Answer:
a moving target in a competitive world
Explanation:
Armand Feigenbaum was widely known as an American quality control expert, who in his book, titled "Total Quality Control" suggested that quality is a productive system for incorporating the product and service development, quality sustenance and development actions for the purpose of providing products and services at the largely inexpensive degrees, which give full customer satisfaction.
He concluded that quality and accordingly customer value judgments are a moving target in a competitive market.
Therefore, For Feigenbaum, quality criteria always constitute "a moving target in a competitive world."
Answer:
lowers the cost of borrowing from the Fed.
Explanation:
The discount rate is the rate that the Fed charges to commercial banks for overnight loans. This loans are only made when commercial banks have no other option, and represent one of the Fed's main functions: acting as lender of last resort.
When the Fed lowers the discount rate, commercial banks can access the Fed as lender of last resort at cheaper interest rates.
Answer:
$14.48
Explanation:
P0 = $.90 / 1.16 + $18.44 / 1.16^2 = $14.48
One share of this stock worth today if the required rate of return is 16 percent is $14.48
Answer: the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of return
Explanation:
Stock are the investment that are made by individuals or firms into a public company.
When a stock is correctly priced, it means that the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of return
Answer:
Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete
Explanation:
When a firm discovers a new technology that allows it to produce at a lower cost, the supply curve will shift to the right as well. ... A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.