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AlexFokin [52]
3 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]3 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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Scottsdale Manufacturing is organized into two divisions: Fabrication and Assembly. Components transferred between the two divis
Sindrei [870]

Answer:

1. The firm does not have excess capacity.

Minimum transfer price on full capacity = Variable Cost + Contribution to be Lost

Minimum transfer price on full capacity = $360 + ($600 - $360)

Minimum transfer price on full capacity = $360 + $240

Minimum transfer price on full capacity = $600

Transfer Price = $600 per Unit (Market price per unit).

2. The firm does have excess capacity. Minimum transfer price on excess capacity = $360 per Unit (Standard Variable Manufacturing cost per unit).

5 0
3 years ago
A client interested in the returns offered by CMOs asks you which type has the lowest prepayment risk. What should you say
Margarita [4]

Answer: Planned amortization class (PAC) tranches

Explanation:

The planned amortization class (PAC) is a form of CMO which is typically put I place for that risk-averse investors. It gives a principal repayment schedule that have been predetermined in as much as there are certain range for the mortgage prepayment.

It should also be noted that it has top priority and also gets principal payments which can be up to certain amount.

5 0
4 years ago
The mm theory with taxes implies that firms should issue maximum debt. In practice, this does not occur because?
jeka57 [31]

The MM Theory with taxes implies that firms should issue maximum debt. In practice, this is not true because Bankruptcy is a disadvantage to debt.

The Modigliani-Miller theorem states that a firm's capital structure does not affect its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.

Full market investors can borrow for the same cost as they lend and invest rationally. It is also implied that the process has no transaction costs.

The mm theorem states that a company's capital structure is not a factor in its value. The theorem states that market value is determined by the present value of future earnings. This theorem has been influential since it was introduced in the 1950s.

Learn more about  MM Theory  here

brainly.com/question/16016282

#SPJ4

7 0
2 years ago
Which of the following is an example of how managers use production cost reports to control​ costs? A. promoting products that a
Fudgin [204]

Answer:

The answer is: setting product prices high enough for the company to be profitable.

Explanation:

Production cost refers to the <u>cost that a company has incurred from the moment it manufactured its product, towards the delivery until it provided the product or service to the customers. </u>Part of this cost are the taxes that are imposed on the product or service.

So, in order to control costs, the production cost report is being used by managers in order to set product prices high enough for the company to be profitable.

or example, if the production cost is higher than the sale price of a product, then the company could either l<u>ower their production cost or set their product prices high enough in order to be profitable.</u> If they cannot do both, then they could stop producing the product or service.

3 0
4 years ago
Alexis Company was started in Year 1. At the end of Year 1 the Company had the following accounting equation.Assets = Liabilitie
swat32

Answer:

Company's assets at the end of Year 2 were provided by creditors = 20%

Explanation:

<u>Calculation of Cash at the end of Year 2 </u>

Cash balance at the end of Year 1     $600

Less: Paid off to notes payable          ($500)

Add: Earned cash revenue                 $700

Less: Paid cash expenses                   ($400)

Less: Paid cash dividend                     <u>($100)</u>

Cash balance at the end of Year 2    <u>$300</u>

Notes payable at the end of Year 2 = Beginning balance - Paid off

= $1,000 - $500

= $500

<u>Calculation of Notes Payable at the end of Year 2 </u>

Notes Payable at the end of Year 1     $1000

Less: Paid off to notes payable            <u>($500)</u>

Notes Payable at the end of Year 2 <u>$500</u>

Total assets at the end of Year 2 = Cash + Land

= $300+2200

= $2500

Creditors at the end of the Year 2 (Notes payable) = $500

Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets

= $500 * 100 / $2500

= 20%

5 0
3 years ago
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