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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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tankabanditka [31]
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I'd say it is Electing a board of directors.

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5 0
3 years ago
Assuming Year 2 net credit sales totaled $122,000, what was the company's average days to collect receivables
Montano1993 [528]

Answer:

44.88 days

Explanation:

Note: The full question is attached

Average amount of accounts receivables = ($16,000+$14,000)/2

Average amount of accounts receivables = $15,000

Average days to collect receivables = Days * AR / Credit sales  

= 365 * $15,000 / $122,000

= 44.87704918032787 days

= 44.88 days

4 0
3 years ago
Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme
zheka24 [161]

Answer:

The payback period for this project is closest to 2 years

Explanation:

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Total Fixed expenses: $150,000 + $37,500 = ($ 187,500 )

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Annual cash inflows = Net operating income + Depreciation

= $112,500 + $37,500

= $150,000

Payback period = Initial investment ÷ Annual cash inflows

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5 0
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Answer:

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6 0
3 years ago
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Luba_88 [7]

Answer:

<em>Workplace MIS monitoring</em>

Explanation:

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4 0
3 years ago
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