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stiv31 [10]
3 years ago
11

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general m

essage about what it took to achieve outstanding quality. Which of the following was part of that message?
A) Fourteen steps for quality management
B) Quality is free
C) Customer focus
D) Zero defects
E) Six-sigma
Business
1 answer:
jolli1 [7]3 years ago
3 0

Answer:

B) Quality is free

Explanation:

The basic premise is that a high quality product shouldn't cost more to manufacture than a low quality product. So if a high quality product costs the same as a low quality product, then it means that quality doesn't cost anything. Personally I believe that Edward Deming's philosophy was the most practical and successful, just ask any Japanese how his philosophy helped them.

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Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
vladimir1956 [14]

Answer:

Consider the following explanations

Explanation:

Q1.) the short run fluctuations in the real GDp is known as the business cycles.

Q2.)yes , it is true that Short-term fluctuations in real GDP are irregular and unpredictable.

Q3.) A decrease in real GDPcoincide with declining personal income, and falling corporate profits. As incomes decline consumer spending also decline on retail goods and services and on durable goods, such asautomobiles. Households also contribute to declining investment expenditures by purchasing fewernew homes. As households spend less on products, firms cut back on industrial production and curbinvestment expenditures on physical capital.The unemployment rate tends to rise during periods of falling real GDP as firms cut back on productionand lay off workers. The unemployment rate tends to fall during economic expansions as firms expands production and hire additional workers.

5 0
3 years ago
Gwinnett Barbecue Sauce Corporation manufactures a specialty barbecue sauce. Gwinnett has the capacity to manufacture and sell 1
Gennadij [26K]

Answer:

b. decrease by $1,000

Explanation:

There is an option below the question ask for details

For computing the profit or loss, first we have to determine the variable cost per unit which is shown below:

= Total variable cost ÷ Number of cases sold

= $144,000 ÷ 9,000 cases

= $16 per cases

The total variable cost would be

= $126,000 + $18,000

= $144,000

And, profit per case is $15

So, the loss per case would be

= $15 per case - $16 per case

= -$1 per case

So, the total loss would be

= 1,000 cases × $1

= $1,000 decrease

7 0
3 years ago
The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $79,000 to an employee of the company and r
OLEGan [10]

Answer:

a.

1 July 2017  Notes receivable      $79000 Dr

                           Cash                           $79000 Cr

b.

31 Dec 2017  Interest receivable   $3950 Dr

                           Interest revenue        $3950 Cr

c.

30 June 2018  Interest receivable     $3950 Dr

                              Interest Revenue       $3950 Cr

1 July 2018       Cash                             $7900 Dr

                             Interest receivable       $7900 Cr

d.

1 July 2018   Cash                                   $79000 Dr

                             Notes receivable             $79000 Cr

Explanation:

a.

The receipt of note against issuing loan will cause a credit to cash against notes receivable.

b.

The interest from July to Dec 2017 relates to 2017. Following accrual principle it will be recorded as interest revenue and as it is not received so an asset Interest receivable will be debited.

The interest expense for 6 months is = 79000 * 0.1 * 6/12 = 3950

c.

First we will record the remaining interest on 30 June 2017. Remaining interest = 7900 - 3950 = 3950

Then we will debit cash on July 1 when interest is received and credit interest receivable to close the account.

d.

The cash will be debited and notes receivable account will be closed by crediting it.

8 0
3 years ago
The Computer Store had the following revenue and expenses during the month ended July 31. Fees for computer repairs $ 41,600 Adv
RideAnS [48]

Answer:

Net profit= $21200

Explanation:

Giving the following information we need to calculate the net profit or loss:

Revenues:

Fees for computer repairs $ 41,600

Fees for printer repairs 5,950

Total revenues= 47550

Expenses: (-)

Advertising expense 5,700

Salaries expense 18,500

Telephone expense 850

Utilities expense 1,300

Total expense= 26350 (-)

Net profit= 21200

8 0
3 years ago
Suppose a monopolist discovers a way to perfectly price-discriminate. Under this scenario, consumer surplus is . What are the ef
natali 33 [55]

Answer:

The correct answer is: zero; zero.

Explanation:

If a monopolist discovers a way to perfectly discriminate, it means that the monopolist will charge equal to the willingness to pay from each consumer.

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.

Since each consumer is paying price equal to its willingness to pay, the consumer surplus will be zero.

There will be no efficiency costs. The monopolist will sell output where the maximum price the consumer is willing to pay is equal to or greater than the marginal cost. So all efficient trades will occur, there will be no efficiency costs.

4 0
3 years ago
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