Answer:
a. quality improvement, training, and customer satisfaction.
Explanation:
The full form of TQM is 'Total Quality Management'. It is defined as a management approach for a long term success that is achieve by the customer satisfaction. The main focus of the TQM process is to improve the quality of the output of the organization by improving the services of the organization, their products, processes and the work culture to provide customer satisfaction. It is dedicated in improving the quality, provide training and achieve customer satisfaction.
Answer:
The correct answer is Localization.
Explanation:
The location strategy in this scenario means focusing on each specific market in order to maximize sales and minimize costs, which is the main characteristic of this strategy. The decision of Garret's Tea Corp. will surely mean the relocation of some of its plants and the study of each market in order to determine the degree of penetration that can be implemented to meet its maximization objectives.
Answer:
The correct answer is option D.
Explanation:
The total cost of the firm is $600.
The fixed cost is $100.
The variable cost will be
=Total costs-fixed costs
=$(600-100)
=$500.
The average variable cost will be
=total variable costs/quantity of outputs
=$500/100
=$5 per unit
The price is $4.
So, we see the price is not covering the average variable cost. This means the firm is incurring losses. The firm will thus produce zero units of output.
<h3>The approximate share of audience for the game would be 44%</h3>
Explanation:
In the above scenario,
- The approximate television households in the San Diego County market is 900,000.
- During a Sunday afternoon in October, 50 percent of the households had their television sets turned on.
- So, during a Sunday afternoon in October, approximate television households in the San Diego County market had their television sets turned on is 900000 * 50/100) = 4,50,000
- Out of the television sets turned on 200,000 people were watching a football game.
- The approximate share of the audience for the game would be: (200000 / 450000) * 100 = 44%
Answer:
Tax brackets show you the tax rate you will pay on each portion of your income