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Helen [10]
2 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]2 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]2 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.

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Seth has a monthly income of $2,500. He has a $400 car payment and owes $225 on electronic equipment. What is the percentage of
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Answer:

25%

Explanation:

Given:

Seth has a monthly income of $2,500

He has a $400 car payment

He owes $225 on electronic equipment.

Question asked:

What is the percentage of Seth's income he is paying out in debt payments?

Solution:

He has a car payment = $400

He owes on electronic equipment = $225

<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>

Total debt =  $400 +  $225

Total debt = $625

Now, we will find percentage of Seth's income he is paying out in debt payments,

Percentage =\frac{Total \ monthly \ debt}{Total \ monthly\  income}

                  =\frac{625}{2500} \times100\\\\ =\frac{62500}{2500} \\\\ =25

Therefore, 25% of Seth's income he is paying out in debt payments.

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