Increasing the quality of your products can be achieved by doing the
following:
- Using standard raw materials.
- Adopting best work practices.
<h3>What is Quality?</h3>
This is the measurement of standard or excellence of an individual, goods
and services.
It is best for an organization to churn out quality products as it helps to
increase sales and profit. This can however be achieved by using standard
raw materials and practices during production.
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According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect the GDP deflator
A measure of inflation in the prices of goods and services produced in the United States, including exports. The GDP deflator, though calculated differently, reflects the GDP price index very well. The GDP deflator is used by some companies to adjust payments for contracts.
GDP deflator = nominal GDP / real GDP * 100
Other price indexes such as CPI and GDP deflators are not formed in fixed baskets of goods and services. The basket changes each year depending on the investment and consumption patterns of the people of the year.
The GDP deflator is an essential indicator of the economy and helps to compare the year-to-year rise in price levels of goods and services. Unlike the Consumer Price Index (CPI), the GDP deflator allows comparisons across multiple time periods without using the base year as a constant or specific commodity basket.
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Answer:
The correct answer is letter "E": Efficiency.
Explanation:
The American Academy of Professional Coders (AAPC) is the organization in the U.S. in charge of certifying administrative workers of the healthcare system such as <em>billers, coders, </em>and <em>practice managers</em>. The certifications the AAPC provides are <em>medical coding, medical auditing, physician practice management</em>, just to mention a few.
Within its code, the AAPC establishes five (5) principles of professional conduct which are <em>integrity, respect, commitment, competence, </em>and <em>fairness</em>. Efficiency is not one of them.
Answer:
<u>used cars can have lower initial cost</u>
<u>Explanation:</u>
Remember, the term risk often refers to an unpleasant or unwelcome event such as a loss arising from a particular action.
Hence, since we are looking for what is not a loss (potential risk) of purchasing a used car, the best option that matches this is that used cars have a lower initial cost which ofcourse can be seen as an advantage.
Answer:
The correct answer is letter "E": Kurt Lewin.
Explanation:
German psychologist and philosopher Kurt Lewin (1890-1947) developed a Change Model involving three steps: <em>Unfreezing, Changing</em>, and <em>Refreezing</em>. It represents a very simple model to understand the change process compared to the psychical matter state of the ice. The model starts by creating the idea in the organization that something must not continue to be the same (<em>unfreezing</em>), then moving towards the new desired behavior (<em>changing</em>) and, finally, solidifying that new behavior as the norm (<em>refreezing</em>).