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koban [17]
3 years ago
6

Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a.

Statistical concepts rather than behavioral considerations should govern quality improvement efforts. b. The burden of quality falls on those that do the work c. A key to quality improvement is to ensure that each part of the system functions effectively, independent from the others. d. Understanding variation is essential to improving quality.
Business
1 answer:
a_sh-v [17]3 years ago
7 0

Answer:

d. Understanding variation is essential to improving quality.

Explanation:

Deming develop a theory of variation. He said that is normal that business face changes and systems variate, but he specified that is essential for managers to identify and understand special and common causes of variation. He affirms that only managers have the authority to change the causes of variation and then they must to avoid repeated problems.

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All of the following are ways to collect useful marketing research information except
prohojiy [21]

Answer:

impulsively stopping persons on the street to inquire about their buying habits

Explanation:

For businesses which are to be started, conducting marketing research can help the business know the products that would generate profits while for existing businesses, market research help companies to determine if their customers are satisfied with their services. Ways of conducting market research are:

  • Conducting interviews through phone calls or person to person.
  • sending questionnaires by mail or placing them online
  • Conducting online surveys
  • Buying information from commercial or governmental data sources.

Using information from commercial or governmental data sources may not be reliable because it may be outdated.

8 0
3 years ago
The following information was drawn from the Year 1 accounting records of Ozark Merchandisers: Inventory that had cost $15,000 w
finlep [7]

Answer: See explanation

Explanation:

a. Sales = $27000

Less: sales returned = -$660

Less: discount at 2% = ($27000 - $660) × 2% = -$526.8

Net sales = $25813.2

b. Net sales = $25813.2

Less: cost of goods sold = $15000 - $400 = -$14600

Gross profit = $11213.2

Operating expense:

Less: Selling and administrative expenses = -$2835

Operating income = $8378.2

Non-operating items:

Less: Interest expense = ($200

Add: Gain on land Sales = $900

Net Income= $9078.2

c. The interest expense be shown on the statement of cash flows in the operating expenses section. It'll be recorded in the operating activities.

d. The sale of the land would be under the investing activity as it's capital asset of the business. Therefore, the full sales price of the land, $9,250, would be shown as a cash inflow from investing activities on the statement of cash flows.

Option B is the correct answer.

4 0
3 years ago
identify and discuss five ways that companies can work more closely to achieve efficient management of procurement system in Gha
Ilia_Sergeevich [38]

Answer: More people can come to work and do their job, but also management can work together, if they come together then they can sale more things and both of their business can go up.

Explanation: I say this because, not all companies work together because their always trying to go against each other and instead of helping one an other be great together.

8 0
3 years ago
You want $1.5M to retire in 45 years. You have $15,000 today. If you can deposit the funds in a money market account which earns
sleet_krkn [62]

Answer:

$10,020

Explanation:

The computation of the large amount that should be deposited is shown below:

Future value of annuity is

= Annuity × [(1+rate)^time period-1] ÷ rate

= Annuity × [(1.045)^45-1] ÷ 0.045

= Annuity  × 138.8499651

Future value = Present value (1  +interest rate)^number of years  

where

= $15,000 × (1.045)^45

Now

The  total future value: is

$1,500,000 = $15,000 × (1.045)^45 + Annuity × 138.8499651

$1,500,000 = ($15,000 ×7.24824843) + Annuity × 138.8499651

Annuity  = ($1,500,000 - $108,723.7264) ÷ 138.8499651

= $10,020

4 0
3 years ago
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divis
zhannawk [14.2K]

Answer:

Consumer    EVA 7, 133.00

Commercial EVA 7,090.50

<u>Both are profitable</u>

<u />

Explanation:

The EVA (economic value added) is the result from subtracting the cost of capital of the investment to their divisional income. This will determinate if the division increase the company's capital or destroyed (as it return less than optimal/desired)

Consumer Income                     11,500

Investment: 35,500 + 4,200 = 39,700

EVA:     11,500 - 39,700 x 11% =  7,  133

Commercial Income                  11,925

Investment: 39,750 + 4,200 = 43,950

EVA: 11,925 - 43,950 x 11%   =  7090.5

Both division are profitable as they generate more income than the cost of the investment

4 0
3 years ago
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