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Paraphin [41]
3 years ago
14

In an effort to provide some structure to the value perspective, David Garvin of the Harvard Business School identified eight di

mensions on which users evaluate the quality of a product or service; one dimension is __________, which asks: How well does the product or service appeal to the senses?
Business
1 answer:
mel-nik [20]3 years ago
6 0

Answer:

the product or service was made according to the specifications

Explanation:

Professor <em>David Garvin </em>of Harvard University proposes 8 components or dimensions of quality in order to make the concept of quality of a product or service more operational and favor the understanding of how Quality Management can be applied in companies, both manufacturing and services.

1. Performance

2. Features

3. reliability

4. Conformity to the design

5. Durability

6. Quality in service

7. Aesthetics

You might be interested in
The following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair va
otez555 [7]

Answer:

$600,000

Explanation:

Calculation to determine the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2021

Using this formula

Pension liability = Projected benefit obligation - plant asset at fair value

Let plug in the formula

Pension liability = $1,200,000 - $600,000

Pension liability = $600,000

Therefore the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2021 is $600,000

4 0
3 years ago
the stock market of country A has an expected return of 8 percent, and standard deviation of expected reutrn of 5 percent. The s
valkas [14]

With stocks of 8% for A and 16% for B, The global minimum variance is given as 10.5 percent

<h3>How to solve for the variance</h3>

The expected return of the stock for the country a is given as 0.05

The Weight of this country's stock market WA  = 0.5

The expected return of the stock for the country a is given as 0.16

The Weight of this country's stock market Wb  = 0.5

Expected Return of the portfolio can be calculated as

= (WA x RA) + (WB * RB)

Expected Return of the portfolio = (0.5x 0.05 ) +(0.5*0.16)

= 0.105

= 10.5%

Read more on variance here:  brainly.com/question/10687815

5 0
3 years ago
Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000. The company's depreciation expense is $500,000 and
Bad White [126]

Answer:

BBC's free cash flow is $1,000,000.

Explanation:

Free cash flow is the cash a company generates from its business activities after deducting the cash flows from operations and capital assets. The free cash flow is given by the formula below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization  - Net investment

The parameters are available in the question, what needs to be done is to input those numbers as follows:

Free cash flow = $2,500,000 x (1 - 40%) + $500,000 - $1,000,000

Applying the basic BODMAS rule, you have

Free cash flow  = $1,500,000 + $500,000 - $1,000,000

Therefore, BBC's free cash flow is $1,000,000.

5 0
3 years ago
Exercise 8-3 (Algo) Determining cost of goods sold [LO8-1] The June 30, 2021, year-end trial balance for Askew company contained
adoni [48]

Answer:

Cost of Goods Sold $ 248,000

Explanation:

Askew Company

The Cost of Goods Sold  Statement

for the year ending June 30, 2021.

Inventory, 7/1/2020              33,500

Add  Purchases 255,000

Less Purchase returns 11,500

Less Purchase Discounts 7,500

Net Purchases 269,500

Add Freight In $ 20,000

Cost of goods Purchased  289,500

Less Ending Inventory balance  $41,500.

Cost of Goods Sold $ 248,000

Working

Askew Company

Account                                 Debit                  Credit

Inventory, 7/1/2020              33,500

Sales revenue                                                395,000

Sales returns 13,500

Purchases 255,000

Purchase discounts 7,500

Purchase returns 11,500

Freight-in 20,000

Inventory balance 6/30/2021 $41,500.

6 0
3 years ago
Factory Overhead Cost Variances Blumen Textiles Corporation began April with a budget for 43,000 hours of production in the Weav
stich3 [128]

Answer:

a. Controllable Variance  = 3,800  <u>(</u>Favorable)

b. Volume Variance = 21,600 (Unfavorable)

Explanation:

a. Controllable Variance

Actual variable factory Overhead( 251,800 - 102,600)           149,200

<u>Standard Variable factory Overhead at actual Production</u>

Standard Hours at actual Production (A)                     45,000

Variable Factory overhead Rate (B)                           <u>   3.4    </u>

(146,200/ 43,000)

Standard variable factory Overhead (A*B)                                 <u>153,000</u>

Controllable Variance                                                                <u> 3,800 </u>F

b. Fixed factory Overhead volume variance

Volume variance:

Volume at 100% of normal capacity                   57,000

Less: Standard hours                                           <u>45,000</u>

                                                                              12,000

Fixed Overhead rate (B) (102,600/ 57,000)      <u>    1.8  </u>

Volume Variance (A*B)                                       <u>21,600 </u>(Unfavorable)

5 0
3 years ago
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