Answer: Quality control
Explanation: Quality control refers to the process under which an organisation tries to keep the quality of their goods produced as per the market standards. This process is used to keep the customer base rigid and stable or to decrease the production cost by rectifying the errors.
In the given case, omega is planning to minimize production mistakes by making each department monitoring their performance.
Thus, we can conclude that managers are engaged in quality control.
Because if someone else buys a house for you and it's dirty you wouldn't like it.
Answer:
The expected price for the stock is $36
Explanation:
The price earning multiple is a measure that provides the information regarding how much are the investors willing to pay for each $1 of earnings per share. The formula for price earnings multiple is,
P/E = Price per share / Earnings per share
Based on the information, the P/E multiple for XYZ is,
P/E = 30 / 2.5 = 12
Using this price / earnings multiplier, we calculate the price at which the stock will trade as,
12 = Price per share / 3
12 * 3 = Price per share
Price per share = $36
Answer:
Option C.
Explanation:
According to the expectancy theory, or expectancy theory of motivation, an individual behaves or act in a certain way, because he/she is motivated to choose a particular behavior over others, because of what the expected result of the chosen behavior will be. What this means is that, the motivation of the behavior selection lies in the desirability of the outcome.
Expectancy theory talks about the mental processes involved as regards choice, or choosing. It attempts to show the processes that an individual undergoes in order to make choices.
As we can see in the scenario above, Richa is motivated by the belief that hard work and perseverance will help her perform well and complete the design on time, and so, this is the behavior that she has chosen, which has led to the desired outcome of completing the design on time.
Answer:
Hence,
1. $2.5
2. 3 pounds
3. $7.5
Explanation:
1. The computation of standard direct material price per gallon is shown below:
=Price-net purchase price + freight-in + receiving and handling
= $2.20 + $0.20 +$0.10
= $2.5
Thus, the standard direct material price per gallon is $2.5
2. The computation of standard direct material quantity per gallon is shown below:
= Quantity required material + Allowance for waste and spoilage
= 2.6 +0.4
= 3 pounds
3. The computation of total standard material cost per gallon is computed below:
= Standard direct materials price per gallon × Standard direct materials quantity per gallon
= $2.5 × 3
= $7.50
Hence,
1. $2.5
2. 3 pounds
3. $7.5