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AlexFokin [52]
2 years ago
13

Influencer Technology is working to improve the level of quality and reduce the level of complaints in the services it provides

to clients. Management hires a consultant who helps them test their accounting, inventory, training, sales, and marketing processes from top to bottom. Influencer is likely using the ________ process.
Business
1 answer:
bekas [8.4K]2 years ago
5 0

Answer:

Six Sigma

Explanation:

Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.

Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.

Generally, there are two (2) main methods of achieving the six sigma approach;

1. DMAIC: define, measure, analyze, improve and control. it is a data-driven improvement cycle used for improving processes and driving Six Sigma projects.

2. DMADV: define, measure, analyze, design and verify.

In conclusion, Six Sigma is used by various organizations or professionals to improve the level of quality of their products or services, as well as reducing to the barest minimum, the level of complaints in the services it provides to clients. Also, the Six Sigma approach to quality control avails businesses the ability to detect potential problems early, so as to prevent their occurrence.

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Which of the following would be considered retail businesses? (Select all that apply.)
Lesechka [4]
These:

department stores AND

online sellers




I hope it helped you!
4 0
3 years ago
A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo
sukhopar [10]

Answer:

833.33

Explanation:

The fixed annual dividend is $100

The required rate of return on this investment is 12%

Therefore the value for each share can be calculated as follows

= 100/(12/100)

= 100/0.12

= 833.33

Hence the value for each share is 833.33

8 0
3 years ago
Which feature is a point of differentiation between products and services
Ann [662]

Answer:

Products are tangible, offered by the companies to the customers in exchange for money.

Services are the intangible economic product that is provided by a person on the other person’s demand. It is an activity carried out for someone else.

Explanation:

4 0
3 years ago
What is the value of a zero-coupon bond with a yield to maturity of 9 percent, a par value of $1,000, and 10 years to maturity?
Y_Kistochka [10]

Answer:

$414.64

Explanation:

For computing the value of zero-coupon bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $1,000

Rate of interest = 9% ÷ 2 = 4.5%

NPER = 10 years × 2 = 20 years  

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $414.64

8 0
3 years ago
Letty's Laundry and Dry Cleaning incorporated and started business on January 1, 2016. 1 Letty's Laundry and Dry Cleaning began
lara [203]

Answer:

Letty's Laundry and Dry Cleaning Incorporated

Effect of each transaction on the accounting equation:

Transaction   Appropriate

No.                 Letter

1.                      c.

2.                     b.

3.                     b.

4.                     a.

5.                     e.

6.                     c.

7.                     e.

8.                     e.

9.                     e.

10.                   e.

Explanation:

Data key:

list:

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.

c. Increase in an asset, increase in stockholders' equity.

d. Decrease in an asset, decrease in a liability.

e. Decrease in an asset, decrease in stockholders' equity

b) The above listing demonstrates the effect on the accounting equation of every business transaction.  The net effect is such that the two sides of the equation are always in balance, provided the proper accounting records have been maintained.

5 0
3 years ago
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