1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Helen [10]
3 years ago
12

Many companies now focus on reducing defects in finished products with the goal of zero defects. This is called _____.

Business
2 answers:
Ber [7]3 years ago
8 0

Answer: This answer is A. total quality management.

Explanation:

A. total quality management - This is a term used to describe a situation where all business functions are involved in a process of continuous quality improvement. It is also the continuous process of detecting and reducing errors to the barest minimum. All parties involved are held accountable for the overall quality of the final product or service. Four costs are associated with TQM, which are prevention costs, appraisal costs, internal failure costs and external failure costs.

B. Activity-based costing aims to provide management with a simplified method of introducing and managing "process and organization change". It can also be seen to include activity analysis, cost driver analysis, continuous improvement, operational control and performance evaluation.

C. Balanced scorecard is a strategic performance tool that is used by managers to track the performance of their subordinates.

D. Value chain connotes all business processes that are involved in providing a product or service.

ExtremeBDS [4]3 years ago
6 0

Answer: A. total quality management

Explanation: William Deming, a management consultant whose work had a great impact on Japanese manufacturing developed the concept of total quality management. Total quality management is defined as the ongoing, continual, process of detecting, reducing or eliminating errors or defects in manufacturing. It is also applied to streamlining supply chain management, improving the customer experience, and ensuring that employees are properly trained. It ensures that superior quality of products or services are created and parties involved in the production process are accountable for said quality—that is to say that the focus of total quality management is to improve the quality of an firm's outputs through continual improvement of internal practices.

You might be interested in
A store offers packing and mailing services to customers. The cost of shipping a box is a combination of a flat packing fee of $
strojnjashka [21]

Answer:

equation will be 2x+5

Explanation:

We have given the cost of shipping box = $5

Flat packing fee = $5

As given, the cost of shipping a box is based on its weight in pounds so it is variable

And a flat rate of $5 for packing. This means $5 is common for each parcel that will be sent. Only the weight will vary.

So the equation will be 2x+5

4 0
3 years ago
Read 2 more answers
What is the act of gathering information relative to a company's action and the factors that affect the space in which the compa
ch4aika [34]
The answer is Market Research .
7 0
3 years ago
In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower
raketka [301]

Answer:

B) raise costs and increase demand for its product

Explanation:

A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.

Monopolistic competition engage in advertisement to increase the awareness for their goods.

If advertising is successful , it increases the demand for their goods and services.

Advertising also increases the cost of production.

I hope my answer helps you.

5 0
3 years ago
Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow.
Musya8 [376]

Answer:

Note: The complete question is attached as picture below

Objectives                                         Most associated balanced scorecard

1. Percentage of repeat                    <em>Customer Perspective</em>

customers

2. Number of suggestions for          <em>Learning and Growth perspective</em>

improvement from employees

3. Contribution margin                      <em>Financial perspective</em>

4. Brand recognition                         <em>Customer Perspective</em>

5. Number of cross-trained              <em>Learning and Growth perspective</em>

employees

6. Amount of setup time                   <em>Internal process prospective</em>

6 0
2 years ago
A price weighted index is composed of 3 stocks. Stocks A, B, and C are trading for $100, $56 and $32 respectively. The number of
gogolik [260]

Answer:

The total value will not change.

Explanation:

Stock split occurs when a stock is divided into parts. The value of each stock will decline but there will be more stocks and overall value will remains same. If stock A goes through a stock split then the new price per stock will decline but the overall value to the investor will remain same.

7 0
3 years ago
Other questions:
  • Companies generate income from their "regular" operations and from things like interest on securities they hold, which is called
    14·1 answer
  • If the government set a price ceiling of $40, there would be: Group of answer choices a shortage (or excess supply) of about 8 u
    9·1 answer
  • As a consultant to a local manufacturing facility, you are conducting a leadership training seminar. you encounter several manag
    11·1 answer
  • What are the four types of consumer goods?
    5·2 answers
  • Which type of business constituent has titles such as President and CEO?
    11·1 answer
  • Which of the following sources of marketing career information will give you
    11·2 answers
  • Cara has just come in for her morning shift , but the sales floor is a mess . Looks like the night crew didn't clean up . She gr
    5·1 answer
  • . If Canace Company, with a break-even point at $313,500 of sales, has actual sales of $570,000, what is the margin of safety ex
    5·1 answer
  • _______________operate as for-profit or not-for-profit organizations that facilitate, promote, or encourage B2B relationships be
    5·1 answer
  • A recent college graduate with a major in economics attends a job fair but has not yet found a job. this graduate is counted as
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!