Incremental Analysis for Discontinuation Decision can have two way affect to the Business
Explanation:
1. Contribution Margin Lost- If the special eats is discontinued then obviously it would affect (decrease) the profit margin that the Business would be enjoying before the product discontinues
Less:
2. Fixed Cost Saving - This would generally increase as the expenditure of the organisation would decrease.
Depending upon how the product performed the company can be benefited as well as incur loos at the same time .Discontinuation of a product is generally done when the company is facing losses.
Answer:
Explanation:
Team members get to know each other in the forming stage of group development. It is the period of orientation and when team members become acquainted with each other. However it just the first stage in the long process and people view each other as strangers.
Answer: Price and Quality (a. and c.)
Explanation:
Price. This was one of the best choices. The price of the raw materials has a significant impact on the price Umami can charge for its seaweed snacks; therefore, price must be controlled.
Quality. This was one of the best choices. Umami is known for its high-quality snacks, and therefore located a high-quality supplier to manufacture high-quality products.
Answer:
False.
Explanation:
Six Sigma is a quality control standard that was developed by Motorola Inc in 1986. It aims to reduce defects in goods produced.
While production cycle remains constantor faster, the quality of output should be kept below 3.4 defects per million.
Six Sigma is now applied in various fields like customer service to ensure customer retention, and management strategies.
So the statement above is false, defects must be kept below 3.4 per million to comply with Six Sigma standard.
