Answer:
Explanation:
Total quality management programs are the continual process of detecting and eliminating errors in manufacturing, streamlining supply chain management, improving the customer experience, and ensuring that employees are up to speed with training. This constant change and improvement allow companies like GC Micro to continuously grow their business and in term their profits. Therefore, for a large company such as this one, $70 million is nothing compared to the amount of money they will profit by improving their business.
Answer:
A. True.
Explanation:
Making a comparison among countries of GDP per capita and Ireland and Singapore show higher values than the United Kingdom and France and this is because these two countries have experienced long periods of rapid growth with ratas higher than growth population. The United Kingdom and France, as mature economies economically growth also, but at a lower rate
Forgone output is the fundamental economic cost of unemployment. So, output (option (b)) is the right choice.
<h3>Forgone labour output </h3>
Forgone labour output is the amount of money that persons would have made over the course of their remaining working lives, discounted to the current year if they had not passed away too soon. Forgone labour production, like other accounting metrics like the Gross Domestic Product (GDP), is not meant to represent a gauge of society's prosperity. This brings us to the welfare-based approach, which is the second method for estimating the costs of premature death.
The potential for the production of goods and services is lost forever when the economy fails to provide enough jobs for everyone who is able and willing to work.
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Answer:
The correct answer is letter "D": A mediator has no authority to make a final and binding decision.
Explanation:
Arbitration is an outcome that has been imposed by a neutral party. An <em>arbitrator </em>is meant to rule the parties involved in the dispute. While mediation is the process in which the parties involved in a dispute try to come up with a solution in their own terms. The <em>mediator </em>has the power of giving advice only to the parties but cannot determine the final resolution.
Answer: Limited partner.
Explanation:
The limited or silent partner is part of the ownership of a partnership business that only invests into a business but is not involved in the daily business runnings. The partnership owner in charge of the daily business runnings is the active partner.