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3 years ago

What do you mean by quality control ? Discuss the need for controlling quality of goods and services ?

Business

1 answer:

swat323 years ago

4 0

Answer:

Explanation:

Quality control can be defined as a process by which a manufacturer or producer maintains the standard or quality of it's product.

This is to ensure that quality of the product is maintained over time and also gives room for improvement.

The need for controlling quality of goods and services:

1. It is to ensure the quality of the product does not depreciate over time.

2. To ensure little or not error is made during production process.

3. Quality control is done to ensure a great customer satisfaction.

4. It also helps to increase consumers confidence in a product.

5. Quality control gives room for improvement on the quality of a product.

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3 0

2 years ago

Examples of nonprogrammed decisions would include the decision to: a. perform routine maintenance on one of the machines in manu

katrin2010 [14]

Answer:

Correct option is (e)

Explanation:

Programmed decisions are those that are planned decisions for routine situations. These decisions are made based on tried and tested methods or standardized procedures. These decisions are made once when situation arises, and subsequently becomes a procedure when similar situations arise in future. Some examples are dealing with labor absenteeism, terminating an employee or re-ordering supplies.

Non programmed decisions are distinctive. They are not based on any past situation. They are mostly taken by upper management using logic or intuition. They do not arise in normal course of business. One such decision is related to developing new product or service. It is not a routine situation. As, such it is an example of non programmed decision. Rest of the options are examples of programmed decision.

6 0

3 years ago

Country A and Country B both recorded an increase in real GDP of 5 percent per year from 1980 to 2012. During this time, the pop

Murljashka [212]

Answer:

D) per capita GDP decreased for country A only

Explanation:

Per capita GDP is calculated by dividing total GDP by the total population of the country. If the population of the country grows faster than its GDP, then its GDP per capita will decrease.

For example, country A's GDP is $100, and it has 20 citizens, so its GDP per capita for year 1 = $100 / 20 = $5. If the economy grew by 4% and the population grew by 5%, then the GDP per capita on year 2 will = $104 / 21 = $4.95.

4 0

3 years ago

MOSS COMPANY Selected Balance Sheet Information December 31, 2018 and 2017 2018 2017 Current assets Cash $ 90,650 $ 32,800 Accou

Andru [333]

Answer:

$65,250

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $5,000

Adjustment made:

Add : Depreciation expense $48,000

Add: Decrease in accounts receivable $13,000 ($31,000 - $44,000)

Less: Increase in inventory -$10,700 ($66,000 - $55,300)

Add: Increase in accounts payable $10,700 ($42,400 - $31,700)

Less: Decrease in income tax payable-$750 ($2,650 - $3,400)

Total of Adjustments $60,250

Net Cash flow from Operating activities $65,250

8 0

3 years ago

Assume that Flowers is contemplating (thinking about) whether to invest in a new line of products, perhaps adding a new kind of

Tomtit [17]

Answer:

2,500,000 million dollars to break even

Explanation:

5 0

3 years ago