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netineya [11]
3 years ago
11

One way to think about TQM is as a business philosophy centered around seven core ideas, or principles: __________ refers to com

panies expanding their TQM efforts to include supply chain partners. If members of the supply chain do not share the same commitment to TQM, quality will suffer because suppliers’ materials and services ultimately become part of the company’s product or service.
Business
2 answers:
Elena-2011 [213]3 years ago
6 0

Answer:supplier partnerships

Explanation:supplier partnership is a commitment over an extended time to work together to the mutual benefit of both parties, sharing relevant information and the risks and rewards of the relationship.

In quality control, extended relationship between buyers and sellers based on confidence, credibility, and mutual benefit. The buyer, on its part, provides long-term contracts and assurance of only a small number of competing suppliers. In reciprocation, the seller implements customer's suggestions and commits to continuous improvement in quality of product and delivery.

joja [24]3 years ago
6 0

Answer:

Supplier Partnership

Explanation:

Supplier Partnership can be defined as the way in which companies tries to expand their total quality management (TGM) in order to include the supply chain partner in which the relationship, between them involve a commitment over a long period of time period in which if members of the supply chain do not share the same commitment to TQM the quality will suffer although partnerships with suppliers have proven to be valuable and essential in many companies' supply strategy.

Total quality management (TQM) is important because it helps to reduce error especially in manufacturing supply chain management and also help to improve customer experience and customer satisfaction.

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In San Francisco, there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is influenced by factors such as tastes, price, and location. This market is option (b) i.e, monopolistically competitive.

<h3>What is monopolistically competitive?</h3>

An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.

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6 0
1 year ago
How long do you have to pay back a short term debt?
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8 0
2 years ago
Read 2 more answers
According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following
kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

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7 0
3 years ago
g Consider the following two separate events for a company during the year: 1. Gain on sale of investments = $10. 2. Unrealized
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B.) Net income = $10; Comprehensive income = $30.

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The computation and effect of these two events increase net income and comprehensive income is shown below:

Since there is a gain on sale of investment so it increased the net income

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And, there is an Unrealized gain on investment from an increase in fair value of $20

So, the comprehensive income increased by

= $10 + $20

= $30

Hence, the correct option is B

7 0
3 years ago
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