The quality management concept which must be well-defined at the beginning of the project to help avoid rework and schedule delays is requirements.
<h3>Requirements management</h3>
- Requirements management and quality management go hand in hand. Clear, well-defined requirements lead to less rework and schedule delays.
In conclusion, we can conclude that the correct answer is requirements management.
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Answer: The correct answer is "c. employs customer relationship management strategies.".
Explanation: Customer relationship management strategies involve a management model of the entire organization, based on customer satisfaction (or market orientation according to other authors). It is an approach to manage the interaction of a company with its current and potential customers.
A franchise can be used.
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Explanation:</u></h3>
Franchise refers to the authorization that is given by the government for involving in commercial activities. It is the permission that is obtained legally for using the ideas, expertise and processes of some one else with their permissions.
In the example given, a firm is willing to provide all necessary materials for the preparation of coffee and wants to penetrate the European market. The company here provides all the equipment, ingredients, trademarks and operating systems and hence it can make use of franchise type of strategy.
The answer is division. It is essential in business or a
company as this carries out a function of having to divide and share tasks and
responsibilities of the people and in regards of having to manage the products
and services for the market.
Answer:
D) $235.
Explanation:
As we know that the inventory should be valued at cost or market value whichever is lower
In the given case
Selling price = $340
Net realizable value is
= Selling price - cost of sell
= $340 - $25
= $315
Replacement cost is $235
Cost = $250
As we can see that the replacement cost is less than the cost so the replacement cost should be valued i.e $235