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Iteru [2.4K]
3 years ago
15

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in thi

s and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM.xls Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,189,230. Assuming similar sales next year, the 1.7% increase in demand will provide $2,774,217 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $946,008 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month
Business
1 answer:
Greeley [361]3 years ago
3 0
Which of the following statements is generally true about change in the workplace ? a ) Most people accept change easily . b) Smart companies can avoid change altogether. c) Change in the workplace fairly infrequently d) Individuals can learn to manage the change in their lives.
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A good way to show your boss that you are dependable is to _____. a. arrive early b. arrive with snacks c. arrive late d. arrive
myrzilka [38]
A. Arrive early.

Explanation:

Dependable: Trustworthy and reliable.

B. Arriving with snacks doesn’t get you anywhere.

C. Arriving late isn’t even up for debate.

D. A day off is a day off for a reason, go home pal.
3 0
3 years ago
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When might be the best time to start saving for retirement?
Vilka [71]
When you 40 some I think
7 0
3 years ago
The United States imposes a tariff on electronics imported from China. Which would be a result? China stops marketing all produc
Paraphin [41]
1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
5 0
3 years ago
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For the following three types of project life cycle, extensively explain their similarity and diffrence by the giving your examp
grin007 [14]

The differences between the project life cycle that includes the baum cycle, unido project cycle and the depsa project cycle is the established phase for drawing a project.

<h3>What is a project life cycle?</h3>

This refers to the organized way of viewing the entirety of a project that:

  • establishes the steps to complete a project
  • helps to maintain focus and momentum
  • creates better defined high-level stages of completion

The Baum project cycle in project management consist of the phae that includes Identification, Preparation, Appraisal, Negotiation, Implementation & Supervision and Evaluation

The Depsa project cycle from the sentence Development Project Studies Authority is a project cycle that comprises three major phase.

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7 0
1 year ago
. The income elasticity of demand for medical care is 1.35. This implies that: a. if income decreases by 1%, the quantity demand
Andre45 [30]

Answer:

The correct answer is a).

Explanation:

The income elasticity of demand refers to the percentual variation of quantity demanded of a certaing good in response to a percentual variation in income.

If the income elasticity of demand for medical care is 1.35,

<em>a. if income decreases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> TRUE, this is what the definition implies.

<em>b. if the price of medical care increases by 1%, the quantity demanded for medical care decreases by 1.35%. </em>FALSE. In this elasticity, the sign is relevant. This income elasticity implies that changes in income and medical care expenses have the same sign.

<em>c. if the income of the average consumer increases by 1 dollar, the quantity demanded for medical care will increase by 1.35 units of care.</em> FALSE. The elasticity relates percentual variations, not absolute value variations.

<em>d. if income increases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> FALSE. The same as point b.

5 0
3 years ago
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