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Jet001 [13]
3 years ago
10

the cost of quality has two components: the cost of good quality. the costs for good quality are the cost of monitoring and prev

enting defects. the cost of poor quality are often hidden, hitting customers and departments not immediately related to production. some experts argue that:
Business
1 answer:
Marta_Voda [28]3 years ago
8 0

Answer: Quality is never costless because monitoring and prevention have costs

Explanation:

The cost of quality has two parts which are the cost of prevention and the cost of failure. The cost of quality simply refers to the sum of the prevention cost and the cost of failure.

It should be noted that spending more on prevention helps in reducing the cost of failure. According to experts, quality is is never costless because monitoring and prevention have costs.

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In a pure market economy, the "What to produce?" question is ultimately answered by:
Genrish500 [490]

In a pure market economy, the "What to produce?" question is ultimately answered by : consumer sovereignty.

Explanation:

Market autonomy is a two-way economic concept. Market autonomy in production applies to what finished products should be produced from these materials to the control power of the customers over those with scarce resources.

For example, the highest levels of consumer autonomy occur of consumers on the free market. The customer can buy any product in any quantity he wants. But the state or central government decides what to manufacture in a command economy.

8 0
3 years ago
If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local
kirill115 [55]

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

4 0
3 years ago
During the​ year, Sheldon Company had net credit sales of $ 47 comma 000. At the end of the​ year, before adjusting​ entries, th
Maru [420]

Answer:

The balance of allowance for doubtful accounts is $ 1,880

Explanation:

Computation of balance in Allowance for Bad Debts

Total credit sales                                             $ 47 comma 000

Estimated bad debts as a % of sales                     4 %

Balance of Allowance for Doubtful accounts      $ 1,880

The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.

4 0
3 years ago
ACME labs bought a new inspection device for $182,730. The accounting department has estimated that the device will have an annu
enyata [817]

Answer:

salvage value is $16,368.34

Explanation:

given data

initial cost = $182,730

annualized capital cost = $42,442

service life = 7 year

interest rate = 15%

solution

we get here first present value that is

annual value  = rate ×  \frac{present\ value}{(1 - (1+ r)^{-t})}       .................1

put here value and we get

42,442 = 15% ×  \frac{present\ value}{(1 - (1+ 0.15)^{-7})}

solve it we get

present value = $176,576.5343  

so

present value = initial investment + salvage value     ..............2

we take here present value and initial investment will be negative

-176,576.5343 = -182,730 + salvage value(p/f,15%,7)  

-176,576.5343 +182,730 = salvage value(p/f,15%,7)

6,153.465 = salvage value × 0.3759

salvage value = 16,368.34

3 0
3 years ago
All of the following are related to a takeover except a: A) tender offer. B) consolidation. C) going private transaction. D) pro
NARA [144]

Answer:

E

Explanation:

A takeover is when a company is faced with a hostile tender offer.

A strategic alliance agreement between firms to come together in order to achieve a joint goal.

A consolidation can occur between firms as a result of the takeover.

Proxy contest is a contest for the ownership of a firm

5 0
3 years ago
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