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notsponge [240]
3 years ago
11

The ________ in the Sigma Six cost-of-quality (COQ) equation includes the internal costs before the product is sold (like waste

and re-work).
Business
1 answer:
alex41 [277]3 years ago
5 0

Answer:

Cost of Failure

Explanation:

A manufacturer incurs failure cost when they produce defective goods. The can be both internal and external cost.

Internal cost are those that incur before the product is sold/shipped to the ultimate buyer such as waste, re-work and/or reduction in sales price for re-worked goods. External cost on the other hand are those that occur following the shipment of goods such as warranty claims, cost of any legal action taken by customer, orders cancelled and/or lost of customer goodwill.

In most cases the external cost is higher than the cost incurred on the internal failure of the goods. So most often the manufacturers are more focused on ensuring that the quality standards are achieved.

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Which is not true of a perfectly competitive market? a. At the long-run equilibrium, economic profit is less than accounting pro
shtirl [24]

Answer:

B is the correct option.

Explanation:

In theory, the perfect market is the structure in which all the firms sell identical products,They all are price takers, the market share doesn't influence the prices, firms can enter or exit the market without cost and resources are perfectly mobile. No markets are in the sphere of the perfect competition model. so they are classified as imperfect. The imperfect and perfect market is the outcome of post-classical economic thought of the Cambridge tradition.

5 0
3 years ago
Soriano Company had net sales of $300,000 for the month (after returns and allowances of $1,500 and sales discounts of $3,250).
Yanka [14]

Answer:

Ending Inventory  $ 64,000

Explanation:

To define the final inventory of the company it's necessary to find the cost of good of the period.  

As the company had a 43% of gross profit, it means that for every dollar of sales we have 0,43 dollar of Gross Profit, with this value is possible to know the total cost of the goods sold during the period, that it's the difference between Sales Revenue and Gross Profit.  

Total Sales Revenue had to be the net value after returns and discounts as it's detailed.  

Income Statement  

Sales revenue        $ 300,000  

Cost of goods sold  -$ 171,000  

Gross Profit            $ 129,000 43%

Beginning Inventory  $ 60,000

Purchases                  $ 175,000

Cost of goods sold  -$ 171,000

Ending Inventory    $ 64,000

7 0
3 years ago
In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
dangina [55]

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

8 0
3 years ago
The point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the princi
givi [52]

Answer:

decreasing marginal benefit.

Explanation:

A consumer measures the amount of satisfaction gained by consuming a product in making a buying decision.

When a person comes a product his satisfaction increases up to a point, and from that point as consumption increases the satisfaction derived reduces.

Consumption after this point is known as decreasing marginal benefit to the customer.

This affects the customer's willingness to buy more of this product. Patronage of lemonade will reduce as the customer looks for another product to satisfy his needs.

8 0
3 years ago
When a project team member is not performing, rewards may not prove as effective as a coercive approach that threatens the team
REY [17]

Answer:

True

Explanation:

Workplace coercion is used to alter the belief system and values of an organisation. It creates   unhealthy work environment. In workplace coercion strength and power are used to force employees to increase productivity. It can also include threats. Such tactics are used to get better results from employees.

It  workplace coercion continues for a long time it can demoralise the employees. It is also problematic for the organisation to use its human resources effectively.

Although employees try to adapt and learn the work, coercion can lead to absences.

5 0
4 years ago
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