Answer:
The correct answer is True.
Explanation:
It is known as total quality management to a business management strategy that consists of the study and assessment of the concept of quality in each of the phases of a production process. The purpose is the constant improvement of goods and services offered and the achievement of greater customer satisfaction. Another way to understand this concept is as a mechanism for studying and monitoring the processes and human work of a firm.
The denomination of total is understandable from the perspective that the quality required and evaluated in the strategy includes both the different levels and elements of a company and the human group that works in it. That is, the search for quality prevails in each of the different organizational processes.
Answer:
The correct answer is option D.
Explanation:
A reduction in consumer confidence will cause the IS curve to move leftwards. The IS curve is short for the investment savings curve. It shows the equilibrium in the goods market. It shows different combinations of interest rates and income where the goods market is in equilibrium.
A change in consumer spending causes a shift in the IS curve. A reduction in consumer confidence will cause consumers to spend less. This reduction in consumer spending will further cause the IS curve to shift to the left.
Answer:
<em>a. planning</em>
Explanation:
<em>St. Claire heads of the department are involved in </em>planning<em>, there are no evidence for this. </em>
Because planning is something to make a strategy to do some activity with a particular team or group.
<em>They are just setting few goals and motivating there employees and workers and comparing the outcome with original goal that was set. So this is the proof that they were not involved in planning.</em>
Answer:
The answer is: The expected rate of return from this investment is 26.68%
Explanation:
We are given the following cash flows for this operation:
- Initial investment = -$24.50
- Cash flow 1 = $1.25 (dividend year 1)
- Cash flow 2 = $1.35 (dividend year 2)
- Cash flow 3 = $1.45 (dividend year 3)
- Cash flow 4 = $56.55 ($1.55 dividend year 4 + $55 stock's sales price)
Using an excel spreadsheet and the IRR function:
=IRR(value 1: value 5) =26.68%
where
- value 1 = -24.50
- value 2 = 1.25
- value 3 = 1.35
- value 4 = 1.45
- value 5 = 56.55
Answer:
The company's net operating income would be $337,354
Explanation:
Net operating income calculation is done to check how much of the income is generated by the company's investment. It can be taken out by subtracting all the expenses ( variable in this case, because net income is to be taken out as per variable costing ) from all the revenues generated by the company.
REVENUES OF THE COMPANY = $971,850
EXPENSES= direct labor ( given in the question as variable cost )
+
variable manufacturing overhead
+
direct material
+
variable selling and administrative expenses
+
= $112,488 + $224,976 + $188,352 + $108,680
= $634,496
So net operating income = revenues - expenses
= $971,850 - $634,496
= $337,354