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prisoha [69]
3 years ago
12

The management of Omega Manufacturing is implementing a plan to minimize production mistakes by allowing teams that work in each

area of the production facility to develop a plan and then monitor their area to ensure the reduction of errors. The managers are engaging in ________.
Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer: Quality control

 

Explanation: Quality control refers to the process under which an organisation tries to keep the quality of their goods produced as per the market standards. This process is used to keep the customer base rigid and stable or to decrease the production cost by rectifying the errors.

     In the given case, omega is planning to minimize production mistakes by making each department monitoring their performance.

Thus, we can conclude that managers are engaged in quality control.

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Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in February, and $150,000 in March. T
IRINA_888 [86]

Answer:

B

Explanation:

The question asks to calculate how much will be disbursed by the company in February.

Firstly , we know that the company disburses 75% in the month of purchase and 25% during the month after purchase.

Now, 75% of $130,000 would be disbursed as February’s own payment:

Mathematically 75/100 * 130,000 = 97,500

Also, we should not forget that the company disburses 25% of previous month during the current. That is 25/100 * 100,000 = 25,000

Total amount disbursed is thus 25,000 + 97,500 = $122,500

6 0
2 years ago
Your grandfather put some money in an account for you on the day you were born. You are now years old and are allowed to withdra
sergij07 [2.7K]

Answer:

Missing word <em>"You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate."</em>

a.  At 18 years, future value of current amount (compounded for another 7 years at 8%)

= $3,996 * (1.08)^7

= $3,996 * 1.7138

= $6,848.34

b. At age 65, future value of this amount (compounded for another 40 years at 8%)

= $6,848.44 * (1.08)^40

= $6,848.44 * 21.7245

= $148,779.93

c. Future Value = Present Value * (1 + Interest Rate)^n

So, let initial the money deposited be represented by Y

=> $3,996 = Y * (1.08)^18

=> $3,996 = Y * 3.996

Y = $3,996 / 3.996

Y = $1,000

8 0
2 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
Natasha2012 [34]

Answer:

D, Flint can simply write ot the SEC to voice his concerns.

Explanation:

Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

Cheers.

6 0
3 years ago
Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit
Sidana [21]

Answer:

A

Explanation:

Direct sales

3 0
3 years ago
The Toy Store has beginning retained earnings of $318,423. For the year, the company earned net income of $11,318 and paid divid
kherson [118]

Answer: $322 241

Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:

Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.

∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)

=$322,241

The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.

7 0
3 years ago
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