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KengaRu [80]
3 years ago
13

You have been newly employed in a very reputable organisation in one of the following industries: agriculture, banking, “oil and

gas”, telecommunication, owing to your background in quality management you have been tasked to develop a Quality Manual to provide a framework for the operationalization of a Quality Management System (QMS). With reference to your choice of industry (selected from above), prepare a Quality Manual that captures the seven auditable clauses of the ISO 9001.
i. Context of the organization
(perform a stakeholder analysis of the organization)
ii. Leadership
(develop a quality policy, quality statement, mission and vision)
iii. Planning
(based on the quality policy, develop 5 quality objectives)
iv. Support
(design a hierarchy of QMS documentation required by the ISO standard and how each level contributes to the QMS, denoting whether they or time-dependent or time-independent by way of their classification)
v. Operation
(develop Standard Operating Procedures (SOPs) for two core processes).
vi. Performance Evaluation
(how will you evaluate one of the core processes above for performance)
vii. Improvement
(identify one quality program for continual improvement of one core process identified above)
Business
1 answer:
mel-nik [20]3 years ago
7 0

Answer:

We have to answer all the questions.

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So you can retire early, you have decided to start saving $500 a month starting one month from now. You plan to retire as soon a
Mashcka [7]

Answer:

It will take him 45 years

Explanation:

In this question, we are asked to calculate the number of years it would take to accumulate $1,000,000 if there is a plan to save $500 per month at an interest rate of 5%.

To solve this, we use the following mathematical formula:

Future value of annuity = Annuity payment * {(1+r)^n - 1}/r

Where r is the monthly interest rate and n is the number of months it will take.

From the question, we can identify the following;

Since he earns 5% interest on savings, the actual monthly interest rate will be 5%/12 = 0.4167% = 0.004167

Annuity payment = monthly payment = $500

Future value of annuity = $1,000,000

We substitute these values into the equation:

1,000,000 = 500 * [(1+0.004167)^n - 1]/0.004167

8.334 = (1.004167)^n - 1

1+8.334 = (1.004167)^n

9.334 = (1.004167)^n

To get n, we simply take the log on both sides of the equation

Log 9.334= nLog 1.004167

n = Log9.334/Log1.004167

n = 537 months

Question asks to calculate in years

there are 12 months in a year. The number of years it will take will be 537/12 = 44.76 years and that’s approximately 45 years

8 0
3 years ago
Once established, company cultures can be embedded and perpetuated by
Elena-2011 [213]
<span>Systematic indoctrination of fresh associates in the tradition's basics, regular recurrence of central costs through higher managers and team associates, and usual rituals honoring associates who show required cultural behaviors</span>
6 0
4 years ago
Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000
SSSSS [86.1K]

Answer: <em><u>16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.</u></em>

Explanation:

This is an example of static forecasting since no time parameter is involved.

Now,

Let initial revenue be "R" ,

"n" be no. of taxpayer

∴ R= 65000×0.15×n

R +0.1R= 65000×rate×n

Using the above two equation, we'll get ;

<u><em>r = 16.5%</em></u>

7 0
4 years ago
Because so many organizational funds are spent on compensation-related activities, it is crucial for top management and hr execu
Ymorist [56]
The answer should be : with what the organization is trying to accomplish.

Hope this helps !

Photon
4 0
3 years ago
If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.
Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 =   _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg :  $1 =   5€ - change to -  $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

3 0
4 years ago
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